Led by gains in Divi’s Labs, Sun Pharma, Cadila Healthcare, and Dr Reddy’s Laboratories, the Nifty Pharma pack was trading marginally higher in Wednesday’s trade, with most stocks hovering near their all-time high levels.

• Aditya Birla Capital Shares Jump 4% on Gold Loan Foray
• Crompton Greaves Shares Rise on FY29-31 Outlook
• Escorts Kubota to Invest Rs 2,000 Crore in New UP Plant
• Brigade Enterprises Shares Jump 6% on HealthEdge Lease Deal
• Dhoot Transmission Hits 52-Week High, Stock Up 70% From IPO

Shares of Cipla hit a new all-time high of Rs 997 in Wednesday’s session, looking poised to enter the four digit-share club after the Drugs Controller General of India (DCGI) permitted the firm to import Moderna’s Covid Vaccine with emergency use authorization in India.

Stock Covered in the news

Sun Pharma-Ltd View Detailed Analysis

Cadila Healthcare-View Detailed Analysis