01-01-1970 12:00 AM | Source: Reuters
India`s Ipca Laboratories sinks to 3-yr low after Unichem Lab deal
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Shares of Indian pharmaceutical firm Ipca Laboratories fell as much as 9.1% to a near three-year low on Tuesday, after it agreed to buy a 33.38% stake in Unichem Laboratories for up to 10.34 billion rupees ($126.3 million).