The stock moved up by 8.54 percent to Rs 182.85 at the BSE. On the NSE, it gained 8.68 percent to Rs 182.70.

Jubilant Life Sciences, manufactures of Vitamin B3 (Niacin & Niacinamide) yesterday announced a price increase of 10 percent for Niacinamide, with immediate effect.

The company announced price increase of 10 percent for Niacinamide, with immediate effect for non-contract customers and wherever existing contracts permit, a company statement said yesterday. Jubilant Life announced the price hike after market hours yesterday.

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