India's Solara Active Pharma rises over 6% after Q4 earnings jump

Solara Active Pharma Sciences

12/05/2023 10:24

** Shares of Solara Active Pharma Sciences Ltd  SOLA.NS 
rise as much as 6.69% to 439.95 rupees, highest in seven weeks
    ** API maker reports a more two-fold Y/Y jump in March-qtr
profit on a 5.5% increase in revenue from ops  urn:newsml:reuters.com:*:nFWN3790PL
    ** Core profit more than tripled 
    ** Trading volume is 634,173 shares as of 2:45 p.m. IST,
nearly five times the 30-day avg - Refinitiv IBES data
    
    


($1 = 81.7800 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))