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CDMO Company's Shares Surge Over 12 Per Cent in Two Trading Sessions; Here’s Why
CDMO Company's Shares Surge Over 12 Per Cent in Two Trading Sessions; Here’s Why

CDMO Company's Shares Surge Over 12 Per Cent in Two Trading Sessions; Here’s Why

The company's shares surged 10 per cent to hit the upper circuit at Rs 668.10 on the BSE. This marked the second consecutive session of gains for the stock

DSIJ Intelligence Article rating: 5.0

Under the agreement, Akums will receive an upfront payment of EUR 100 million (Rs 880 crore) to fund product development and secure European regulatory approvals for its oral liquid manufacturing facility.

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