Laurus Labs Gets Land in Andhra Pradesh, Shares Jump 7%

 

 Laurus Labs Shares Jump After Land Deal for New Pharma Plant in Andhra Pradesh




Laurus Labs shares went up more than 7% after getting land from the Andhra Pradesh government.
The company got over 500 acres to build a big pharma factory called Laurus Pharma Zone.
They will invest around ₹5,600 crore and create over 6,000 jobs in the next 8 years.
This factory will help the company make more medicines and grow faster.
Because of this news, the company’s share price reached a new high of ₹901.


Source- medicaldialogues

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