India's Sai Parenterals rises after Australian unit renews OTC supply agreement

Sai Parenteral's

26/08/2026 06:20

** Shares of India's Sai Parenterals SAIP.NS rise as much as 9.7% to 578.95 rupees
** Diversified pharmaceutical formulations co says Australian unit Noumed Pharmaceuticals renews OTC medicines supply agreement with a leading Australian pharmacy network for three years
** Adds agreement is valued at AUD 30 million, with expanded product portfolio 
** More than 521,551 shares change hands, about 4.5x the 30-day average volume - LSEG compiled data 
** Stock up 32.3% since listing on April 2, 2026



 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))