Unichem Labs is in the limelight today morning. The stock opened at Rs.171.10, rising over 2.2% and went on to an intraday high at Rs.178.65, a jump of over 5%.

The stock price is up after the company announced that the US FDA conducted inspection at the its Pithampur, Active Pharmaceutical Ingredients (APls) facility from September 2, 2019 to September 5, 2019.

The inspection was a post approval inspection and successfully concluded without any FDA form 483 issued.