At 1:59 pm, Shasun Chemicals and Drugs was quoting at Rs 64.75, up Rs 8.25, or 14.60%. It has touched an intraday high of Rs 67.40 and an intraday low of Rs 56.70.
The company has entered into non-exclusive licensing agreement with Merck & Co., reports CNBC-TV18. It was trading with volumes of 457,523 shares, compared to its five-day average of 21,606 shares, an increase of 2,017.59%. Yesterday the share closed down at Rs 56.50.