India's Piramal Pharma surges to record high after block deals

Piramal Pharma (Mumbai)

04/09/2024 10:04

** Shares of Piramal Pharma  PIRM.NS  jump 12% to record
high of 216.58 rupees
    ** More than 2.1 mln shares changed hands in five block
deals at 195.32-209.80 rupees each -LSEG data 
    ** Prices at a premium to last close price of 193.10 rupees
    ** Stock last up ~11%, set for its best day ever     
    ** Trading vol of 52 mln shares is 9.5x the 30-day avg
    ** Stock is up 53% YTD

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))