Stocks

Zydus Wellness climbs 2.7% on bulk deal

BL Internet Desk Chennai | Updated on January 09, 2018 Published on December 01, 2017

Zydus Wellness consumer products include Nutralite, which is a table margarine.

Shares of Zydus Wellness climbed as much as 2.7 per cent on Friday as Baring India Private Equity Fund III Listed Investments had on Thursday (November 30) sold 5,00,000 shares of Zydus Wellness at Rs 910.

Reliance Capital Trustee Co A/c MF had bought these shares at Rs 909.99.

At 10.40 a.m., the company shares were trading up by 1.7 per cent at Rs 925.45 on the BSE. On the NSE, the stock was up 1.74 per cent at Rs 925. In terms of equity volume, 8,033 shares were traded on the NSE.

Zydus Wellness is a subsidiary of Cadila Healthcare Ltd. The company operates in consumer products. Their products include table margarine and spreads, cosmeceuticals and sweet meat. Their brands include Nutralite, which is a table margarine; Sugar Free, which is a low calorie sweetener, and EverYuth, which includes skincare products.

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Published on December 01, 2017
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