Pharma stocks rally after cabinet approves PLI scheme
Shares of eight pharmaceutical companies rose by 0.5% to 3.4% after the cabinet approved Production Linked Incentive (PLI) scheme for pharmaceuticals segment.Hikal (up 3.46%), Neuland Laboratories (up 3.08%), IPCA Laboratories (up 2.85%), Alkem Laboratories (up 1.43%), Torrent Pharmaceutical (up 1.09%), Biocon (up 0.6%), Cadila Healthcare (up 0.58%) and Aurobindo Pharma (up 0.52%) were top gainers in pharmaceutical space. The Union Cabinet on Wednesday approved Production Linked Incentive (PLI)...
Aurobindo Pharma Union Cabinet On Production Linked Incentive Neuland Laboratories Alkem Laboratories Torrent Pharmaceutical
Source: business-standard.com