Alembic shares up 9% on NSE block deal

MUMBAI: Shares of Alembic soared nearly 9 per cent after 2.05 million shares, or 1.4 per cent of equity changed hands in a block deal on the NSE, at Rs 42 each. The identity of the buyer or seller was not immediately available. At 1 pm, the company's shares were up 8.82 per cent at Rs 45.65 after touching a high of Rs 45.85 in trade so far.