India's Pfizer jumps most in 9 months

Pfizer

29/09/2022 10:17

** Pharmaceutical company Pfizer Ltd's shares  PFIZ.NS  up
as much as 5.6% at 4,396.3 rupees, its sharpest intraday gain in
9 months
    ** Stock posts its highest levels in 4 months
    ** Nifty pharma index  .NIPHARM  up 1.3%
    ** More than 60,000 shares traded, 3.7 times their 30-day
moving avg of more than 15,000 shares
    ** Five of 6 brokerages rate the stock "buy" or higher, and
1 "hold" ; their median PT is 5298.5 rupees- Refinitiv data
    ** Up to Wednesday's close this year, stock had fallen 17.1%
compared with a 10.7% decline in the nifty pharma index 
 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com;Mobile: +91 6001289066))