SMS Lifesciences hits UC

about 3 years ago

SMS Lifesciences, which had closed on Friday at Rs.789.80, opened higher today at Rs.829.40 and went on to briefly hit the 20% UC of the day at Rs.947.75 and is currently trading at Rs.897 levels.

The stock is up after it stated that the US FDA completed the inspection at ts API manufacturing facility in Telangana (Unit I), without any observations.

The inspection commenced on April 4 and concluded on April 8.