Sun Pharmaceutical Industries shares rise and outperform competitors
Updated
Updated · MarketWatch · May 8
Sun Pharmaceutical Industries shares rise and outperform competitors
7 articles · Updated · MarketWatch · May 8
The stock gained 0.70% to 1,847.30 rupees on Friday as the BSE Sensex fell 0.66% to 77,328.19 in a broadly weak session.
Sun Pharma closed 0.57% below its 52-week high of 1,857.95 rupees, reached on 6 May.
It beat peers including Zydus Lifesciences, Shilpa Medicare and Dr. Reddy's, all of which declined, while trading volume was 52,187 against a 50-day average of 164,160.
Will new US tariffs derail Sun Pharma's $11.75 billion bet on acquiring Organon?
Is Sun Pharma's pivot to specialty drugs a masterstroke or a huge gamble amid rising global trade wars?