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Lupin Jumps After Receiving Clean Chit From FDA

Lupin Jumps After Receiving Clean Chit From FDA

Shares of the drug maker extended gains for the second day and rose as much as 7.1 percent, the most in over five months to Rs 842.80.

The pharmaceutical company received a clean chit from U.S. drug regulator or its Pithampur Unit 1 Facility, according to its stock exchange notification.                                       

Read More: Crude Oil Pares Rally Amid Signals of Expanding American Crude Surplus

The stock declined 9.1 percent so far this year compared to 1.2 percent decline in Sensex.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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