Novartis India shares jump 6%

New Delhi: Novartis India shares jumped more than six per cent on Monday after the parent company, Novartis AG announced a strategic review of its Indian arm. Novartis India was trading at Rs 1,100, up 6.23 per cent on BSE. Earlier in the day it hit a 52 week high. According to reports Dr Reddy’s is likely in a race to acquire Novartis AG’s stake.