Morepen Laboratories Stock Jumps 15% on ₹825 Crore Global CDMO Deal

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Morepen Shares Soar 15% on ₹825 Crore Global CDMO Deal

Quality Power | One of the four companies whose shares free up for trade this week and are above their issue price is Quality Power. Shares worth nearly ₹3,700 crore will free up for trade on Monday as 53% of its outstanding becomes eligible to trade. Despite a 19% fall from its recent highs, the stock is still up 108% from its issue price of ₹425 per share.

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CNBC TV18•23-02-2026, 10:16

Morepen Shares Soar 15% on ₹825 Crore Global CDMO Deal

•Morepen Laboratories Limited shares surged over 14.5% after securing a multi-year Contract Development and Manufacturing Organisation (CDMO) mandate.
•The deal, valued at approximately ₹825 crore, is with a leading global pharmaceutical company.
•Supplies are expected to begin within 4-5 months, with execution through Q1 of the next financial year.
•This mandate is one of the largest single CDMO contracts in Morepen's history, enhancing its global manufacturing scale.
•The company is considering capacity enhancement and technology investments to support its growing CDMO pipeline.

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Morepen Labs Soars 15% on ₹825 Crore CDMO Deal Boost

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