Sanofi Consumer Healthcare lists on stock exchanges after demerger, shares hit 5% upper circuit on day 1

Shares of Sanofi Consumer Healthcare India made their market debut on Friday, listing on both the NSE and BSE. On its first day of trading, the stock hit a 5% upper circuit limit, reaching Rs 4,702.9. Sanofi Consumer Healthcare India is the demerged consumer healthcare division of Sanofi India. The demerger, approved by the board of Sanofi India on May 10, 2023, established the Consumer Healthcare business as a separate entity, Sanofi Consumer Healthcare