Cipla shares tank after US regulator flags lapses at drug maker's Pitampur unit
Cipla share price today BSE, NSE: Cipla shares suffered steep losses on Monday after the drug maker said US health regulator had issued eight observations on its manufacturing facility in Pitampur, Madhya Pradesh. The Cipla stock fell by as much as Rs 69.6 or 6.8 per cent to Rs 956.2 apiece on BSE.
The FDA issued eight observations on the Pitampur facility of Cipla. | Image: Reuters