** Shares of IDT Australia IDT.AX rise as much as nearly 16% to A$0.11, their highest level since June 10
** Stock last up about 5%
** Pharma company signs MoU with U.S.-based Gelteq GELS.O to set up manufacturing unit in Australia
** Trading volume at around 277,900 shares, 2x 30-day avg
** Session trims YTD losses to 9%
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
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