Shares of Zydus Wellness Limited surged more than 3% in early trade on Monday, March 16, as investors reacted positively to the company’s strong push towards sustainable manufacturing and energy transition.
A key factor supporting sentiment around Zydus Wellness is its growing reliance on green energy across operations. The company has significantly reduced its dependence on fossil fuels in its manufacturing processes, strengthening its cost structure and long-term sustainability strategy.
Nearly 90% of Zydus Wellness’ manufacturing operations are now powered by green fuel. This transition has largely eliminated exposure to fossil gas in the company’s core production costs, helping improve operational efficiency while aligning with global sustainability trends.
In Monday’s trading session, the stock opened at ₹418.00 compared with the previous close of ₹404.25. It touched an intraday high of ₹429.70 and a low of ₹405.00. The stock has a 52-week high of ₹530.90 and a 52-week low of ₹311.05.
As of 9:22 AM IST, trading volume stood at 25,68,707 shares, indicating strong early market participation in the counter.