India's Morepen Labs soars to around 13-year high

Morepen Laboratories

04/09/2024 09:20

** Shares of Morepen Laboratories Ltd  MORL.NS  up 13% at
92.89 rupees, their highest since December 2001
    ** Around 1.9 mln shares of active pharmaceutical
ingredients maker traded in 3 separate block deals, all at a
premium to previous closing price of 82.22 rupees
    ** Overall, 64.8 mln shares traded vs 30-day avg volume of
25.8 mln shares
    ** Stock up ~93% so far this year


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))