India's Wanbury rises after USFDA inspection shows zero observations

Wanbury

18/06/2024 08:43

** Shares of Wanbury Ltd  WANB.NS  rise as much as 5%,
before trimming gains to trade 4.2% higher 
    ** Pharma co said United States Food and Drug Administration
completed inspection at co's Patalganga site in Maharashtra with
zero observations
    ** Stock set for best one-day rise in a month
    ** Stock set to rise for a fifth straight quarter, gaining
nearly 4x in the last four quarters
    ** Trading vol is 1.5x the 30-day daily avg
    ** Stock up ~31% in 2024 so far, after gaining 2.5x in 2023




 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))