SMS Lifesciences Jumps 17%

  Published 8 months ago

SMS Lifesciences shares soar 17% after U.S. FDA clears Telangana facility with no regulatory action indicated in inspection.

  • API unit gets “voluntary action indicated” rating; no regulatory action expected post-inspection report from the U.S. FDA.
  • Stock sees its strongest day since August 2024, moving above key 50, 100, and 200-day moving averages.
  • Trading volume surges 70 times normal; SMSL now up 13.4% year-to-date after recent session gains.

You might like these

NIIF Council Approves $1B Fund, Greenfield Investments

FMCG Stocks Buck Market Trend

CAMSPay Payment Gateway: Future-Proof Solutions for India's Dynamic Market

Krystal Wins JPNI Airport Contract

Vopak Gains from Aegis Vopak IPO

Hindustan Copper Drops on Tariff Worry

CIAP Program Launched by Logic School of Management

News that matters the most ⚡