This SME stock has surged 61% in 12 days; zoomed 328% in 3 months

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This SME stock has surged 61% in 12 days; zoomed 328% in 3 months - Business Standard

Quick Summary:

Shares of Sudarshan Pharma Industries were frozen in upper circuit of 5 per cent at Rs 274.50, which is also the new high it hit on the BSE in Thursday's intra-day trade.

This growth is fuelled by a booming specialty chemicals sector, which is expected to grow at a stellar 11 per cent compound annual growth rate (CAGR), reaching $148 billion by 2025.

The company has already received approval for 50 products for domestic markets as well as exports, which include product categories like anti-biotics, cough syrups, anti-pyretics, anti-fungal, anti-allergic medicines, along with multivitamins among other drugs.