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IOL Chemicals & Pharmaceutical's stock more than doubles from March lows

The stock surpassed its previous high of Rs 316.80, touched on February 27, 2020

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The company has posted remarkable operational and financial performance for the first nine months of FY20

SI Reporter Mumbai
Shares of IOL Chemicals & Pharmaceuticals rallied 8 per cent to hit a record high of Rs 322 on the BSE on Wednesday after the company said it has been recognized as a 'Three Star Export  House'  by the Ministry of Commerce & Industry, Government  of  India. This will facilitate the company to expand its product portfolio in the foreign market.

“A Three Star Export House recognition certificate has been issued to the Company in accordance with the provisions of the Foreign Trade Policy 2015‐2020 by upgrading its Two Star Export House status. The certificate shall be valid for

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First Published: Apr 29 2020 | 10:58 AM IST

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