Sensex gives a huge thumbs-up to Lupin's shopping spree in Russia
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Russia's
Lupin's Russian foray is unlikely to be expensive because the Rouble itself has depreciated by 62 percent over the last one year. Biocom operates a factory which is compliant with European standards and this will help Lupin tap more markets in Eastern Europe.
Lupin rose 34.60 rupees to 1,898 on the National Stock Exchange, after hitting a high of 1,917 rupees.
(Image credit: Indiatimes)
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