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539148 Shivalik Rasayan News Story

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India's Shivalik Rasayan rises after China regulator permits drug evaluation

** Shares of Shivalik Rasayan  SIVA.NS  rise as much as 5.2%
to 787.55 rupees, biggest intraday pct gain since June 16
    ** Active pharma ingredient (API)-maker says Centre for Drug
Evaluation, China, has permitted evaluation of its anti-leukemia
API Bendamustine
    ** Process of evaluation and approval underway - SIVA
    ** Trading volume at ~11,300 shares, slightly below the
30-day avg of ~12,800 shares as of 12:10 p.m. IST 
    ** Stock last down ~1% YTD 


 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))

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