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Divis Lab gains on successful USFDA inspection of its Unit-2 facility at Visakhapatnam

The stock rallied nearly 4% to Rs 1,030 on the BSE in early morning trade.

Divis Lab gains on successful USFDA inspection of its Unit-2 facility at Visakhapatnam
SI Reporter Mumbai
Last Updated : Feb 22 2016 | 10:08 AM IST
Divis Laboratories is trading higher by 2% at Rs 1,013 on the BSE after the drug firm said that the inspection conducted by the US health regulator of its Unit-2 facility at Visakhapatnam this month was successful.

"The company has had a successful inspection by the United States Food and Drug Administration (USFDA) for its Unit-2 at Chippada, Bheemunipatnam near Visakhapatnam during February, 2016 with no observations," Divis Laboratories said in a filing to BSE.

The stock rallied nearly 4% to Rs 1,030 on the BSE in early morning trade. A combined 59,791 equity shares changed hands on the counter on the NSE and BSE till 09:35 AM.
 

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First Published: Feb 22 2016 | 9:37 AM IST

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