#chippada

Divi’s Lab hits new high as Chippada unit gets zero USFDA observations

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Shares of Divi’s Laboratories hit a new high of Rs 2,014, up 3 per cent on the BSE on Saturday, after the company’s unit in Andhra Pradesh received zero ‘483’ observations from the USA’s health regulator. The drug firm’s stock surpassed its previous high of Rs 1,994, touched on January 29, 2020.

“The company’s Unit-II at village Chippada, Bheemunipatnam district, Andhra Pradesh has had…