Zydus Lifesciences hikes share buyback price to Rs 1,260 per share, lowers share count

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Zydus Lifesciences increased its share buyback price to Rs 1,260 per share while reducing the repurchase size to 87.3 lakh shares. The total buyback outlay remains Rs 1,100 crore. The pharma stock has outperformed benchmark indices over the past one year with a 19% rally.