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    HomeNewsBusinessStocksStride Arcolab sells Generic biz; stock rises 13%

    Stride Arcolab sells Generic biz; stock rises 13%

    Stride Arcolab has sold Generic business in Southeast Asia and Australia for USD 400 million, reports CNBC-TV18.

    January 24, 2012 / 12:22 IST

    Stride Arcolab has sold Generic business in Southeast Asia and Australia for USD 400 million, reports CNBC-TV18.

    The share touched a 52-week high of Rs 462. At 12:15 hrs the share was quoting at Rs 460.70, up Rs 53.35, or 13.10%.
     
    It was trading with volumes of 495,599 shares, compared to its 5-day average of 20,620 shares, an increase of 2,303.46%.
     
    In the previous trading session, the share closed up 4.91% or Rs 19.05 at Rs 407.35.

    first published: Jan 24, 2012 12:17 pm

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