Divi's Lab Up By Nearly 5% Exemptions From Import Alert Weave Magic

The stock of Divi’s Laboratories Limited surged as much as 5% in the morning trade, at Rs 652 on Monday, in the S&P 100  index.

Further to their earlier communication dated March 22, 2017 to the stock exchanges, Divi’s Laboratories Limited updated that the US-FDA has exempted some more products manufactured at the company's Unit-II at Visakhapatnam from the import alert issued under clauses 66-40 & 99-32 of the FDA regulations.

Divis Laboratories set up its second manufacturing facility at Visakhapatnam (Unit-II). in the year 2002 on a 350 acre site. The site has 14 multi purpose production blocks.

At 10.30 am on Monday, the stock of Divi’s Laboratories Limited was  trading at Rs 648, up by Rs 25.55 or 4.10% on the BSE.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-6626222 | Toll Free - 1800-3010-2007 
Give a Missed Call for Free Trial - 09699997717 
Share on Google Plus Share on Pinterest

About Suhani Varma

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.