Panacea Biotec Stock Surges 101% In A Month: What’s Driving The Rally?
Shares of Panacea Biotec have witnessed a dramatic surge, skyrocketing by 101% over the past month. On Monday, the pharmaceutical company’s stock hit the 10% upper circuit at ₹270.60 on the Bombay Stock Exchange (BSE). This impressive rally comes despite a generally weak broader market, with trading volumes soaring nearly threefold. In contrast to the…