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15 mins delay SENSEX 83,184.80 [236.57]	-20.60 -1.44%	20.25 0.62%	4.20 0.34%	-44.55 -0.58%	3.40 0.18%	12.40 0.75%	-18.40 -1.05%	13.80 0.81%	34.90 1.21%	3.50 0.27%	4.50 0.30%	1.80 0.10%	1.15 0.23%	-8.45 -0.88%	33.45 1.82%	-47.15 -1.26%	-12.30 -0.44%	156.70 1.28%	39.25 1.51%	10.15 2.45%	0.70 0.21%	13.10 0.45%	-2.00 -0.25%	13.80 0.75%	4.90 0.51%	-1.00 -0.66%	-49.75 -1.14%	-10.15 -0.63%	57.95 1.56%	7.00 0.06%

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DRL Hyderabad unit gets 3 observations from USFDA

09-Dec-23 11:16Hrs IST

The US drug regulator conducted good manufacturing practice (GMP) and pre-approval inspection at R&D centre in Bachupally, Hyderabad from 4 December 2023 to 8 December 2023.

Upon completion, the durg maker has been issued a Form 483 with three observations, which it will address within the stipulated timeline.

Dr. Reddy's Laboratories is engaged in providing medicines. The firm operates in three segments: global generics, pharmaceutical services and active ingredients (PSAI) and proprietary products.

The pharma company's consolidated net profit surged 33.0% YoY to Rs 1482.20 crore on 9.1% rise in net sales to Rs 6880.20 crore in Q2 FY24 over Q2 FY23.

Shares of Dr. Reddy's Laboratories shed 0.36% to end at Rs 5,763.50 on Friday, 8 December 2023.

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