Wednesday, 22 March 2017

Dr. Reddy's Lab hits 52-week low on heavy volume

Shares of drug maker Dr. Reddy's Laboratories plunged over 5 per cent, hitting the 52-week low, on the Bombay Stock Exchange amid a spurt in volume trade after that US FDA found repeat observations from 2015 warning letter. According to ET Now, the company has failed to maintain complete data to ensure compliance.

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