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By Malvika Gurung
Investing.com — Jubilant Pharmova (NS:)
The Rakesh Jhunjhunwala-backed pharmaceutical stock rallied up to 13% and ended 10.4% higher on Monday.
The stocks zoomed after the company received a nod from the US drug regulator, US FDA for manufacturing the generic version of a drug prescribed for treating depression and anxiety-related issues, Sinequan.
Valiant Organics (BO:)
The chemical manufacturing stock soared 20% to Rs 1,033.8 apiece on Monday, becoming the top gainer on the broadest market index 500.
Ruchi Soya Industries (NS:)
The Patanjali Ayurved-led edible oil manufacturing stock plunged over 17% on Monday and ended 9.4% lower at Rs 910.15 apiece after the company set the price band of its follow-on public offer at Rs 615-650/share price band.
The higher price band of the offer set at Rs 650/share is at a 35% discount from the closing price on Thursday.
SMS Pharmaceuticals (NS:)
The company zoomed over 13% and closed 11.6% higher on Monday, after receiving a non-exclusive license from the Medicines Patent Pool (MPP) for manufacturing and supplying the drug nirmatrelvir, produced originally by the American pharma giant Pfizer (NYSE:).
Dodla Dairy (NS:)
The small-cap dairy stock rallied 17% on Monday and ended the session 15.6% higher at Rs 528.3 apiece.
The company announced on Saturday that it acquired the dairy firm Sri Krishna Milks for Rs 50 crore to expand its business and strengthen its footprint in Karnataka and Southern Maharashtra.
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