April 24, 2019 / 4:09 AM / 3 months ago

BUZZ-India's Lupin shares fall on potential U.S. FDA admin action on plant

** Drugmaker Lupin Ltd’ shares fall as much as 3.8 pct to 835 rupees, their biggest daily pct drop since March 18

** Co receives a letter from the U.S. FDA classifying the inspection conducted at its Pithampur (Indore) Unit-2 facility in January as official action indicated (OAI)

** U.S. FDA states that the facility may be subject to regulatory or administrative action - co

** Over 718,720 shares change hands in early trade, compared with 30-day avg vol of 2.27 mln

0 : 0
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