Pharma Stocks Rise with Biocon, Torrent, J B Chemicals Gaining; Aurobindo Forms New Subsidiary

Several pharmaceutical companies showed notable stock gains, with Biocon Ltd, Torrent Pharmaceuticals Ltd, and J B Chemicals Pharmaceuticals Ltd each rising for a fifth consecutive session, outperforming the broader NIFTY and Nifty Pharma indices over the past year. Concord Biotech led gains in the BSE 'A' group, while Aurobindo Pharma shares increased nearly 4% following the incorporation of a new wholly owned subsidiary, Engenra Biologics, aimed at expanding its manufacturing operations.