India's Unichem Laboratories rises on Q2 profit

Unichem Laboratories

13/11/2024 09:09

** Unichem Laboratories  UNLB.NS  gains 2.1% to 895.30
rupees
    ** Pharmaceutical co's Q2 consol profit at 304.9 mln rupees
($3.6 mln) vs year-ago loss of 244.9 mln rupees; rev up 11.2%
y/y
    ** Around 232,749 shares traded, 1.5x the 30-day avg
    ** Relative strength index (RSI) rises to 71.7, suggesting
stock might be overbought - LSEG
    ** UNLB up ~121% YTD

($1 = 84.3710 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))