Shasun Pharmaceuticals spurted 15.72 per cent to Rs 54.85 at 12:30 p.m. IST on the BSE after the company informed the exchanges that operations at its Puducherry facility have resumed after the workers called off strike.
On the BSE, 1.85 lakh shares were traded in the counter against a two-week average daily volume of 1.3 lakh shares.
The company said that it has reached an amicable settlement with the workers at the plant. Accordingly, the workers called off the strike and operations resumed at the facility from Thursday night.
Workers at the Puducherry’s active pharmaceutical ingredients (API) and formulations facility had resorted to strike from June 15.