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Divis Laboratories share price rises nearly 5% after no observations from USFDA

At 11:52 hrs, Divis Laboratories was quoting at Rs 1,723.85, up Rs 66.05, or 3.98 percent.

November 15, 2019 / 12:04 PM IST
 
 
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Divis Laboratories share price rose nearly 5 percent intraday on November 15 after the company had received no observations from USFDA.

USFDA has inspected the company's unit-I facility at Lingojigudem, Bhuvanagiri Yadadri District, Telangana from November 11 to 15.

This inspection was a general cGMP inspection by the USFDA and concluded with no 483 observations.

The share touched its 52-week high Rs 1,773 and its 52-week low Rs 1,214.25 on 25 October, 2019 and 24 October, 2018 respectively.

Currently, it is trading 2.77 percent below its 52-week high and 41.97 percent above its 52-week low.

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At 11:52 hrs, Divis Laboratories was quoting at Rs 1,723.85, up Rs 66.05, or 3.98 percent.
Moneycontrol News
first published: Nov 15, 2019 12:04 pm

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