Cipla’s stock drops more than 8% and market capitalization decreases by Rs 8,319 crore
Cipla shares fell over 8% and market capitalization declined by Rs 8,319 crore after the US health regulator called out the drug major for manufacturing lapses at its Pithampur-based facility in Madhya Pradesh. The stock witnessed a sharp decline of 8.10 per cent to Rs 1,168.60 on the BSE and dropped to 8.37 per cent…
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