Ipca cracks 14%

Ipca Laboratories shares hit fresh 52-week low of Rs 480 on Friday, falling 14 percent intraday after Geneva-based fund decided not to source any anti-malaria drug from the company.

At 09:29 hours IST, the scrip of Ipca Laboratories was quoting at Rs 502.20, down Rs 56.35, or 10.09 percent amid high volumes on the BSE.

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