Panacea Biotec freezes in 10% upper circuit; stock zooms 101% in 1 month

Quick Summary:

A combined 2.1 million equity shares of the company had changed hands till 02:50 PM, and there are pending buy orders for nearly 100,000 shares on the NSE and BSE.

The Indian vaccine industry has seen a significant increase in demand for vaccines, especially after the sudden outbreak of Covid-19.

The average trading volumes on the counter had jumped nearly three-fold.A combined 2.1 million equity shares of the company had changed hands and there are pending buy orders for nearly 100,000 shares on the NSE and BSE.

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Category: BusinessFinance

Markets: India

Topics: Dengue vaccine Markets today DengiALL Share market today Panacea Biotec share Indian Council of Medical Research Sensex today Stock market live Pharma stocks Stock market today Vaccine stocks Dengue vaccine Panacea Biotec share price Phase 3 clinical trial Smallcap Nifty today ICMR Tetravalent recombinant Pharmaceutical Buzzing Stocks Share market live

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 15:28:58 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 629 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22422629

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