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Cipla Shares Fall Nearly 7 Per Cent After Pithampur Unit Gets 8 Observations From USFDA
Cipla Shares Fall Nearly 7 Per Cent After Pithampur Unit Gets 8 Observations From USFDA,Shares of Cipla on Monday tanked nearly 7 per cent in morning trade on the bourses after the company said the US health regulator has issued Form 483 with eight observations after inspecting its Pithampur-based manufacturing facility in Madhya Pradesh. The stock declined 6.78 per cent to Rs 956.20 on the BSE. At the NSE, it tanked 6.87 per cent to Rs 955.25.

Cipla Shares Fall Nearly 7 Per Cent After Pithampur Unit Gets 8 Observations From USFDA

Shares of Cipla on Monday tanked nearly 7 per cent in morning trade on the bourses after the company said the US health regulator has issued Form 483 with eight observations after inspecting its Pithampur-based manufacturing facility in Madhya Pradesh. The stock declined 6.78 per cent to Rs 956.20 on the BSE. At the NSE, it tanked 6.87 per cent to Rs 955.25.