Key Points
Cipla was the second biggest loser on the NSE Nifty 50 today, down 6.12 per cent at closing..
Shares of pharma giant Cipla fell 7 per cent during intraday trade on Monday, but recovered marginally to settle slightly higher...
The sharp fall in Ciplas stock came after the company said that the United States Food and Drug Administration (USFDA) issued Form 483 with eight observations after inspecting its Pithampur manufacturing facilities...
"Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby notify that the United States Food and Drug Administration (USFDA) conducted a current Good Manufacturing Practices (cGMP) inspection at our Pithampur manufacturing facility from 6th - 17th February, 2023, Cipla said in a recent exchange filing...
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