Ranbaxy hits new high on buzz of stake sale
Ranbaxy Laboratories has touched a 52-week high of Rs 591.90. At 11:07 am, the share was quoting at Rs 584.55, up Rs 23.80, or 4.24%. Daiichi Sankyo is going to buy stake in the company, reports CNBC-TV18. It was trading with volumes of 3,628,127 shares, compared to its five-day average of 1,418,551 shares, an increase of 155.76%.