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GSK Consumer hits record high on parent company's plan to raise its stake

New Delhi, Nov 26: GlaxoSmithKline Consumer Healthcare jumped a whooping 20 per cent to hit its record high in early trade on Monday after its parent GlaxoSmithKline Plc planned to raise its stake in its
India TV Business Desk November 26, 2012 10:13 IST
India TV Business Desk
New Delhi, Nov 26: GlaxoSmithKline Consumer Healthcare jumped a whooping 20 per cent to hit its record high in early trade on Monday after its parent GlaxoSmithKline Plc planned to raise its stake in its Indian arm to 75 per cent from 43.16 per cent through an open offer.



At 09:33 am, GSK Consumer Healthcare Ltd was locked in upper circuit, up 20 per cent at Rs 3651.80.