Pharma stocks hit record highs in Monday trade
In short
Divi’s Labs, Laurus Labs, Sai Life Sciences and Glenmark Pharma all traded at record highs on Monday. The stocks surged by as much as 9%.
The move shows strong demand for some pharma shares in that session.
What the reporting says
Divi's Labs, Laurus Labs, Sai Life Sciences and Glenmark Pharma quoted at their respective record highs in Monday's trade, lifting the broader pharma pack. The move came as these shares surged, with the headline pointing to gains of up to 9%. The brief shows strong buying interest in select drugmakers during the session.
Why it matters
Divi's Labs, Laurus Labs, Sai Life Sciences and Glenmark Pharma reached their respective record highs in Monday trade, with the group rising by up to 9%. The move highlights strong buying in selected pharmaceutical stocks during the session. It matters for investors tracking momentum in the pharma sector.