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Shares of Biocon hit 1-month high as the company has received an EU compliance certificate.
The stock jumped as much as 5.5 per cent to its highest since August 8. The stock is poised for its second straight session of gains; it has posted biggest intraday percentage gain since July 19.
The company's insulin facility in Malaysia had got EU Good Manufacturing Practice compliance certificate on Thursday.
Up to Thursday's close, the stock was up 5.7 per cent this year.
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