



Aurobindo up on talk of Teva buying itPosted AtSify.comAmidst the buzz that the Israeli
generics giant Teva Pharmaceutical Industries is close
to finalise a deal to acquire the Hyderabad-based Aurobindo
Pharma Ltd (APL), the latter's stock recorded heavy
trading volumes and steep rise in price on Monday to
report the year's highest price on the Indian bourses.The
stock gained 9.96 per cent on the BSE to close at Rs
488.75, while it reported a record gain of 13.47 per
cent on the NSE to close at Rs 488.05. While 20.95 lakh
shares changed hands on NSE, over 4.52-lakh shares were
traded on the BSE. January 10, 2006
|