Exceptional measure! National Pharmaceutical Pricing Authority allows 50% PRICE HIKE on THESE DRUGS; formulation making companies shares surge up to 10%
In a major development, the National Pharmaceutical Pricing Authority (NPPA) has allowed to increase the prices of Carbamazepine, Ranitidine and Ibuprofen drugs by 50 per cent, stating that it’s a one-time hike as an exceptional measure.
IOL Chemical surged most by around 10 per cent, followed by JB Chemical: Zee Business