India's Strides Pharma up 8% after unit gets FDA nod

Strides Pharma Science

25/09/2023 05:48

** Shares of Strides Pharma Science  SRID.NS  rise as much as 7.7% to 537.30
Indian rupees as at 10:15 a.m. IST 
    ** Stock hits highest since Sept. 15 
    ** Pharma's Singapore unit receives approval for medication for
cardiovascular diseases from the U.S. Food and Drug Administration  urn:newsml:reuters.com:*:nBSE7VPXZ7 
    ** Nearly 1.1 mln shares change hands, 1.8 times their 30-day moving avg of
630,322 shares 
    ** As of YTD, stock had risen 48.1%

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))