Shares of Jubilant Life Sciences gained over 2 per cent on Wednesday after the company announced a price increase of 10 per cent for Niacinamide, a form of Vitamin B3, with immediate effect.
The stock closed up by 2.26 per cent to Rs 172.25. On the NSE, it gained 1.93 per cent to Rs 171.35.
Jubilant Life Sciences, manufactures of Vitamin B3 (Niacin & Niacinamide) on Tuesday announced a price increase for non-contract customers and wherever existing contracts permit.Jubilant Life announced the price hike after market hours on Tuesday.
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