Bengaluru, June 30 -- The shares of the Penny stock specializing in manufacturing and marketing a wide range of pharmaceutical formulations, hit a 5 percent upper circuit upon receiving two export sourcing orders valued at approximately Rs. 85.6 crore (Rs. 42.8 crore each).

With a market capitalization of Rs. 153.02 crores on Monday, the shares of Welcure Drugs & Pharmaceuticals Limited hit a 5 percent upper circuit, making a high of Rs. 13.60 per share compared to its previous closing price of Rs. 12.96 per share.

Welcure Drugs & Pharmaceuticals Limited, engaged in manufacturing and marketing a wide range of pharmaceutical formulations, has announced the execution of two significant export-sourcing assignments valued at approximately R...