Unichem Labs rises after USFDA approval for Pithampur plant

Image
Capital Market
Last Updated : Sep 06 2019 | 11:50 AM IST

Unichem Laboratories rose 3.09% to Rs 175.20 after the company said its Pithampur plant was approved by the US drug regulator after successful inspection.

The United States Food and Drug Administration (USFDA) conducted inspection at the company's Active Pharmaceutical Ingredients (APls) facility in Pithampur, Madhya Pradesh from 2 to 5 September 2019. The inspection concluded successfully without any FDA form 483. The announcement was made during market hours today, 6 September 2019.

On BSE, 4,918 shares were traded in Unichem Laboratories counter, compared to a 2-week average of 13,000 shares. The stock hit an intraday high of Rs 178.65 and an intraday low of Rs 169.80.

It hit a 52-week high of Rs 239.75 on 10 September 2018 and a 52-week low of Rs 158.35 on 31 July 2019.

Unichem Laboratories is a pharmaceutical company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 06 2019 | 11:13 AM IST

Next Story