Cadila zooms 9% on USFDA nod for Cilexetil Tablets

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Shares of Cadila Healthcare rallied nearly 9 per cent on the Bombay Stock Exchange after the drug maker said that its subsidiary Zydus has received final approval from the USFDA for Candesartan Cilexetil Tablets. Following the announcement, shares of the company gained as much as 8.91 per cent to hit an intra-day high of Rs 503.90 apiece on the Bombay Stock Exchange.

The stocks were currently trading at Rs 496.10 against the previous close price of Rs 462.50. In a similar fashion, shares of the company were trading 7.46 per cent higher at Rs 497.15 apiece on the National Stock Exchange. 

Meanwhile, the broader benchmark BSE Sensex was trading at 31,576.89, up 8.88 points, or 0.03 per cent, at 12:20 hours.

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