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Marksans Pharma shares extend rally, jump over 4%

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Press Trust of India New Delhi
Extending its rally for the second straight day, shares of Marksans today rose by over 4 per cent after the firm said the UK health regulator has completed inspection of its Goa plant without any critical observations.

The shares of Marksans Pharma jumped 4.21 per cent to close at Rs 50.75 on BSE. During the day, it gained 7.59 per cent to Rs 52.40.

At NSE, shares of the company went up by 4.11 per cent to end at Rs 50.60.

On the volume front, 46.36 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.
 

The stock had gained 20 per cent in the previous session also.

The plant, located at Verna, has had an inspection by the UK Medicines and Healthcare products Regulatory Agency (MHRA) from February 14-17, Marksans Pharma said in a BSE filing yesterday.

"The same has been completed without any critical observations," it added.

The company, which makes formulations at the facility, is awaiting further instruction from the agency in this regard, Marksans Pharma said.

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First Published: Feb 21 2017 | 5:48 PM IST

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