Mumbai: Trimming most of its initial gains on profit-booking, shares of Jubilant Life Sciences ended over 2 percent higher on Wednesday.
After surging 8.54 percent to Rs 182.85 during the day, shares of the company later gave up most of the gains and finally ended at Rs 172.25, up 2.26 percent, on the BSE.
On the NSE, shares of Jubilant Life settled at Rs 171.40, a gain of 1.96 percent.
Jubilant Life Sciences, manufactures of Vitamin B3 (Niacin & Niacinamide) yesterday announced a price increase of 10 percent for Niacinamide, with immediate effect.
The company announced price increase of 10 percent for Niacinamide, with immediate effect for non-contract customers and wherever existing contracts permit, a company statement said yesterday.
Jubilant Life announced the price hike after market hours yesterday.
