Shares Of Sun Pharma Continued Its Gains From Friday, Rising Over A Percent On Monday

Shares of Sun Pharma continued its gains from Friday, rising over a percent on Monday morning, after its Halol plant received a VAI status from US drug regulator.

The status implies that the plant may not go a re-inspection by the regulator ahead. The stock has touched an intraday high of Rs 536.00 and an intraday low of Rs 527.70.

The company has received a voluntary action initiated status for its Halol plant from US FDA. For the uninitiated, VAI status would imply that there would be no re-inspection required at its Halol unit.

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