India's J. B. Chemicals hits near 3-week high

J B Chemicals and Pharmaceuticals

03/10/2022 08:10

** Shares of J. B. Chemicals & Pharmaceuticals  JBCH.NS 
rise as much as 4.56% to 2,007.30 rupees, mark sharpest intraday
gain since Sept. 26
    ** Stock hits highest level since Sept. 15, on track for a
third consecutive session of gain
    ** Co is engaged in manufacturing and marketing diverse
range of pharmaceutical formulations, herbal remedies and active
pharma ingredients 
    ** More than 128,000 shares change hands by 0702 GMT, 1.5x
30-day avg of 85,867 shares
    ** Eight of the 10 analysts covering the stock have a "buy"
or "strong buy" rating, while two have "hold;" median PT is
1,994 rupees - Refinitiv data
    ** Stock up 7.87% YTD, as of last close
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))