TLDR

Revenue growth drives Zydus 7% higher on massive volume

More Info

https://faxioms.com/stocks/zyduslife

Details

• Zydus Lifesciences surged 7% to close at Rs 1,194 on heavy volume, over 7 times the average.
• The stock hit a new closing high, extending its three-day winning streak.
• The move followed the company's Q1 results, which showed revenue growth of 22% year-on-year, though profit declined.
• The stock is now well above its 50-day and 200-day moving averages, reflecting strong momentum.