Business News
Home > Business News
Morepen shares surge 11% on hiving off medical device business
TIWN
TIWN
PHOTO : TIWN
Mumbai, Sep 2 (TIWN) Shares of Morepen Laboratories surged nearly 11 per cent on Thursday after the company announced to transfer its medical devices business to a wholly owned subsidiary.
During the initial trade, its shares hit an intraday high of Rs 56.95 per share. Around 12.55 p.m., shares of the company on the BSE surged Rs 55.00, higher by Rs 3.65 or 7.11 percent from its previous close.
Add your Comment
Comments (0)
More Business News
- With April series having expired, expect markets to turn volatile
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report