India's Morepen Laboratories soars on launching new diabetes drug

Morepen Laboratories

18/03/2025 04:52

** Morepen Laboratories MORL.NS rises 7.4% to 46 rupees; set for biggest one-day pct gain in over six months

** Pharma co launches diabetes drug Empamore priced about ~90% below existing brands

** Stock set to snap five-day losing run

** More than 5.9 mln shares traded, over 1.5x the 30-day avg

** MORL loses 40% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))