Strides Arcolab up on nod for unit

Shares of Strides Arcolab rose 5.25 per cent to close the day at Rs 76.15 after the company got a US Food and Drug Administration (USFDA) nod for its Bangalore unit.

The firm received an approval for its sterile injectable complex in Bangalore. The stock made an intraday high of Rs 78.8 and a low of Rs 70.2 with trading volumes of 67,298 shares.