April 25, 2017 / 4:20 AM / 4 months ago

BUZZ-India's Biocon surges to record high; plans to consider bonus issue

** Shares of Biocon Ltd jump as much as 9.69 pct to a record high

** Stock on track to record biggest intraday pct gain since July 22, 2016

** The biopharma company plans to consider issue of bonus shares, according to an exchange filing on Monday

** More than 1.3 mln shares change hands, nearly four times their 30-day moving average

** Stock up 12 pct this year up to Monday's close

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