India's Neuland Laboratories jumps after approving $13.3 mln land purchase for expansion
08/09/2026 06:53
BUZZ-India's Neuland Laboratories jumps after approving $13.3 mln land purchase for expansion ** Shares of Neuland Laboratories NEUL.NS up nearly 4% at 23,750 rupees
** Drug manufacturer approves capex of 1.26 billion rupees ($13.31 million) for purchasing land at Auro Industrial City, Kakinada, in Andhra Pradesh state
** Land to be used for future expansion, co says
** YTD, stock up 56.4%
($1 = 94.6875 Indian rupees)
(Reporting by Mridula Kumar in Bengaluru)
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