India's Marksans Pharma rises after Q1 profit boost

Natco Pharma

14/08/2024 05:19

** Shares of Marksans Pharma  MARK.NS  up 9.4% at 205.4
rupees, its steepest gain since July 24
    ** Pharmaceutical formulations maker's Q1 consol net profit
grew ~30%, rev up 18%
    ** Shares see busiest day in about 3 weeks, with over 3.2
mln shares traded
    ** Stock up 28% YTD, vs an 81% and 9% rise in peers Natco
Pharma  NATP.NS  and Mankind Pharma  MNKI.NS , respectively

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))