Shasun Pharmaceuticals has dipped 5% to Rs 61 after the drug firm said that the operations at its Pondicherry facility have been affected due to strike by workers.
“An illegal strike was resorted by the workers at the company's Pondicherry facility (API and Formulation) on June 15, 2013,” Shasun Pharma said in a BSE filing.
The company is doing needful to resume the operations at the earliest, it added.
The stock opened at Rs 65.85 and hit low of Rs 55.50, its lowest value since January 2012, on BSE. A combined 1.58 million shares have changed hands on the counter till 1355 hours against an average less than 150,000 shares that were traded daily in past two weeks on BSE and NSE.
“An illegal strike was resorted by the workers at the company's Pondicherry facility (API and Formulation) on June 15, 2013,” Shasun Pharma said in a BSE filing.
The company is doing needful to resume the operations at the earliest, it added.
The stock opened at Rs 65.85 and hit low of Rs 55.50, its lowest value since January 2012, on BSE. A combined 1.58 million shares have changed hands on the counter till 1355 hours against an average less than 150,000 shares that were traded daily in past two weeks on BSE and NSE.
