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UNICHEMLAB — Unichem Laboratories News Story

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India's Unichem Laboratories jumps on posting Q1 profit

BUZZ-India's Unichem Laboratories jumps on posting Q1 profit

** Shares of pharma co Unichem Laboratories UNLB.NS rise 13.7% to 579.2 rupees

** Co posts Q1 consol PAT of 414.7 mln rupees ($4.4 mln) vs loss of 104.7 mln rupees a year ago

** Rev from ops rose ~20% to 6.33 bln rupees

** Stock set for its best session since July 8

** More than 1.7 mln shares traded, ~3x their 30-day moving avg

** Shares traded most since July 9

** YTD, UNLB up ~30%


($1 = 95.4300 Indian rupees)


(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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