Economic TimesLean R·
Biocon shares jump 6% as Mylan likely exits drugmaker after Rs 3,481 crore stake sale
Shares of Biocon jumped more than 6% on Tuesday, on track to record the sharpest single day surge in 18 months, as Viatris-owned Mylan is set to sell up to 9.2 crore shares worth up to Rs 3,481 crore, exiting the Indian drugmaker.Biocon shares jumped more than 6% to trade at Rs 436.15 apiece on Tuesday. If the stock manages to hold on to the gains till the end of the session, then today would mark its best day since January, 2025.Mylan, which is part of global healthcare company Viatris, planne…
Read at Economic Times →
