Sanofi India, a pharmaceutical company, witnessed a rise in share price on Wednesday after it disclosed a steady growth in standalone net profit for the quarter ended June 2015.
During the quarter, the profit of the company rose 11.65% to Rs 642 million from Rs 575 million in the same quarter last year. Revenues for the quarter rose 8.68% to Rs 5,497 million, compared with Rs 5,058 million for the prior year period.
Shares of Sanofi India are trading at Rs 3,610, up Rs 92.2, or 2.62% at the Bombay Stock Exchange (BSE) on Wednesday at 11:13 a.m. The scrip has touched an intra-day high of Rs 3,640 and low of Rs 3,535.55.
Total volume of shares traded on the bourses today was higher by 2,205.72% to 32,017 compared with 22-day average volume of 1,389.