According to a release issued by the Celestial Biolabs to the BSE, the company is set to launch its latest anti-diabetic product which is expected to be a breakthrough in research and in the management of Diabetes.
The company is in the process of launching this natural sea based 100 per cent vegetarian product tentatively by April 2015, a release added.
The stock so far has soared over 8 per cent at Rs. 51.20. Now, the stock is up 5.91 per cent at Rs. 50.20.
The BSE counter has witnessed trades of around 401,000 shares, when compared with its two-week daily average volume of 168,000 shares.