Pharma stocks rally as several names rise 9% to 20% on Friday
In short
Pharma stocks rose strongly on Friday. Symbiotec Pharmalab, Windlas Biotech, Sai Life Sciences, Alembic Pharmaceuticals and Fermation Biotech gained between 9% and 20%.
What the reporting says
Pharma stocks rallied on Friday, with Symbiotec Pharmalab, Windlas Biotech, Sai Life Sciences, Alembic Pharmaceuticals and Fermation Biotech rising 9% to 20%, according to a Business Standard Markets summary. It highlights broad strength across the sector and fresh highs for some names in the wider headline.
Why it matters
The market update shows a broad rally in pharma shares on Friday, with several companies up between 9% and 20%.