At 11.36am, shares of Ipca Laboratories rose 1.16% to Rs580.15 on BSE. New Delhi: Ipca Laboratories Ltd on Wednesday said that its two subsidiaries have fully acquired US-based Pisgah Labs Inc. for $9.65 million. Pisgah Labs had a total income of $2.89 million for the financial year ended 30 April 2017, the company said. Ipca Laboratories said exports now account for nearly 47% of its income. At 11.36am, shares of Ipca Laboratories rose 1.16% to Rs580.15 on BSE, while the Sensex gained 0.36% to 34,897.91.

Source: Mint January 17, 2018 06:33 UTC