India's Natco Pharma hits record high after Q1 profit jump
** Shares of Natco Pharma Ltd NATP.NS rise as much as 6.9% to a record high of 1,539.70 rupees
** Drugmaker's Q1 profit jumps 60%, driven by robust exports formulation business
** NATP's Q1 rev up ~20%, while expenses fall 8%
** Stock top gainer on Nifty Pharma index .NIPHARM
** Over 2.9 mln shares traded, 3x the 30-day avg volume
** Analysts tracking stock rate it "buy" on avg - LSEG data
** Stock up 84% YTD, top gainer on Nifty Pharma index
Reporting by Nandan Mandayam in Bengaluru
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