LUPIN PLUNGES OVER 7%; SHOULD YOU BUY NOW?

Shares of LupinBSE -6.73 % plunged as much as 7.65 per cent in early trade on Thursday after reports that the pharma company has received six USFDA Form 483 observations for its Indore plant.

The plant was inspected by the US drug regulator between May 8 and May 19.

The scrip was trading 5.51 per cent down at Rs 1160 around 9.35 am (IST). Shares of the company opened at Rs 1,175.25 and touched an intraday high and low of Rs 1,180.65 and Rs 1,133.70, respectively, in tra ..


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