Jubilant Life Sciences shares jumped on Thursday after the company announced a price-increase of 9% for Niacinamide, with immediate effect, for non-contract customers and wherever existing contracts permit.

''Jubilant delivers unmatched advantages of consistent quality and availability of Vitamin B3 (Niacin & Niacinamide) to its customers globally. The company's nutrition business is backward integrated up to the initial raw material stage with global scale of operations,'' it said.

Shares of the company are trading at Rs 212.55, up Rs 6.8, or 3.30% at the Bombay Stock Exchange (BSE) on Thursday at 12:38 p.m.

The scrip has touched an intra-day high of Rs 220 and low of Rs 206.55. The total volume of shares traded at the BSE is 128,611.

In the earlier session, the shares lost 1.27%, or Rs 2.65, at Rs 205.75.

Currently, the stock is trading all time 52-week high, which is above 226.5% over the 52-week low of Rs 65.10.