India's Neuland Laboratories jumps most in over 2 years

Neuland Laboratories

22/09/2022 08:53

** Shares of Neuland Laboratories Ltd  NEUL.NS  rise as much
as 19.8%, their biggest intraday pct gain since June 2020
    ** Shares of the active pharmaceutical ingredients
manufacturer touch their highest since Feb 2022
    ** Stock rises for a third straight session
    ** More than 580,000 shares traded, as of 0745 GMT, 21.4x
their 30-day moving avg of more than 27,000 shares
    ** Two of three brokerages rate the stock "buy" or higher
and one as "strong sell"; their median PT is 1,422 rupees -
Refinitiv data
    ** Neuland shares down 20% YTD, as of last close
 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))