InvestorQ : What was the reason for the sharp rally in Shilpa Medicare on 17 May?
Moii Chavate made post

What was the reason for the sharp rally in Shilpa Medicare on 17 May?

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Tisha Malhotra answered.
3 months ago
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Shilpa rallied 14% on Monday after it entered into a 3-year firm agreement with Dr. Reddy’s Laboratories for production and supply of Russian Sputnik-V vaccine. Shilpa targets to produce 50 million doses of Component 1 and 50 million doses of Component 2 on behalf of DRL at its Dharwad facility. They are exploring Sputnik Light, a single dose vaccine.

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