The stock climbed 3.48 per cent to settle at Rs 1,200.45 on BSE. During the day, it gained 5.87 per cent to Rs 1,228.25 -- its 52-week high.
At NSE, shares of the company rose by 3.51 per cent to end at Rs 1,200.10.
The company added Rs 1,139.44 crore to Rs 33,871.44 crore in market valuation.
"Glenmark Pharmaceuticals Inc., USA has been granted final approval by the United States Food & Drug Administration (USFDA) for Drospirenone and Ethinyl Estradiol tablets USP, 3 mg/0.02 mg," the company said in a BSE filing.
Glenmark said it plans to commence shipping of drospirenone and ethinyl Estradiol tablets immediately.
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