Unichem Lab’s Ghaziabad facility inspected by USFDA; stock gains 3%

The inspection was conducted by USFDA from March 5 to 8.

Mar 11, 2019 10:03 IST India Infoline News Service

Unichem
Shares of Unichem Lab were trading 3% higher on Monday as United States Food and Drug Administration (USFDA) concluded inspection of the company’s Ghaziabad facility without any FDA form 483 issued.

The inspection was conducted by USFDA from March 5 to 8, the company said in a press note to the exchanges on Monday.
Unichem Laboratories Ltd's share price is currently at Rs203.10, up by Rs5.2 or 2.63%, from its previous close of Rs197.90 on the BSE.
The scrip opened at Rs198.20 and has touched a high and low of Rs204.25 and Rs197.80, respectively. So far, 2,03,011 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs1,392.88cr.

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