India's Venus Remedies rises after Saudi GMP approval

Venus Remedies

27/02/2023 04:42

** Shares of Venus Remedies Ltd  VENR.NS  up as much as 4.5%
to 168 rupees
    ** Co says it received good manufacturing practices (GMP)
certification from Saudi Food and Drug Authority
    ** Says GMP approval received for all of co's production
facilities at its unit in Baddi, Himachal Pradesh
    ** Trading volume at ~14,800 shares as of 10:03 a.m. IST,
nearly equal to the 30-day moving avg
    ** As of last close, stock down 11.2% so far this year,
extending a 55.7% decline in 2022

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))