India's Piramal Pharma sees best day in over 2 weeks

Piramal Pharma (Mumbai)

16/02/2023 08:55

** Shares of Piramal Pharma Ltd  PIRM.NS  up as much as 4.3%
at 90.50 rupees, their biggest pct gain since Jan. 31
    ** U.S. Food and Drug Administration (US FDA) has issued an
establishment inspection report for co's manufacturing facility
at Lexington in the U.S, Piramal said on Thursday
    ** Inspection has now been successfully closed by the US
FDA, it adds
    ** Stock on track to gain for second consecutive session
    ** More than 4.5 mln shares traded as of 2:20 p.m IST, 1.4
times their 30-day moving avg
    ** PIRM down over 24% this year as of last close
 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))