Sun Pharmaceutical Industries shares hit new 52-week high
Updated
Updated · MarketWatch · May 6
Sun Pharmaceutical Industries shares hit new 52-week high
7 articles · Updated · MarketWatch · May 6
The stock rose 1.63% to 1,850.40 rupees on Wednesday, topping its previous 52-week peak of 1,843.95 rupees set on 1 December.
The gain came in a broadly positive session, with the BSE Sensex up 1.22% to 77,958.52, though Sun Pharma lagged Zydus Lifesciences, Shilpa Medicare and Dr. Reddy's Laboratories.
Trading volume reached 214,130 shares, above the 50-day average of 158,334, indicating stronger-than-usual investor activity as the stock set a fresh annual high.
Can Sun Pharma's multi-billion dollar bet on Organon truly challenge established biosimilar giants?
As Sun Pharma expands globally, does it escape or deepen India's drug dependency on China?