Shares of Zydus Wellness surged sharply in Friday’s trading session, rising more than 13% intraday as strong buying interest and heavy volumes pushed the stock higher.
As of 12:47 PM IST, the stock touched an intraday high of ₹443.55, significantly above the previous close of ₹388.90. The stock opened the day at ₹387.00 and slipped briefly to a low of ₹383.40 before witnessing strong momentum that drove the rally.
The sharp move also came with a notable spike in trading activity. Live trading volume crossed 1 crore shares, reaching 1,00,14,883 shares, indicating strong participation from market participants.
Despite today’s surge, the stock remains below its 52-week high of ₹530.90, while staying well above the 52-week low of ₹311.05.
Reason for the Rally
A key factor supporting investor sentiment around Zydus Wellness is the company’s increasing focus on sustainable manufacturing and energy transition. The company has significantly reduced its dependence on fossil fuels across its operations.
Nearly 90% of Zydus Wellness’ manufacturing is powered by green fuel, which has largely eliminated fossil-gas exposure from its core production cost structure.