Ind-Swift Labs up 11% as Piramal eyes stake in facilities

Ind-Swift Laboratories jumped on Tuesday after media reports quoted that the Piramal group may be eyeing its contract research and manufacturing business.Shares ofthe companyare trading at Rs 57.20, up Rs 5.95, or 11.61% at the Bombay Stock Exchange (BSE) on Tuesday at 10:51 a.m.The scrip has touched an intra-day high of Rs 59.40 and low of Rs 53.10. The total volume of shares traded at the BSE is 776,263.In the earlier session, the shares gained 13.76%, or Rs 6.2, at Rs 51.25. Currently, the stock is trading down 56.99% from its 52-week high of Rs 133.00 and above 46.29% over the 52-week low of Rs 39.10.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 44.90 6.35 14.14 1 Month 45.05 6.20 13.76 3 Months 65.75 (14.50) (22.05) 6 Months 102.30 (51.05) (49.90) 1 Year 82.70 (31.45) (38.03) Note: Based on previous day closing price.