Unichem slides after €19.5 mn notice; Analyst sees more pain
Shares of Unichem Laboratories fell 2.8% on Friday after the company said it received a demand notice from the European Commission, Brussels, for payment of a fine of 19.49 million euros in the Perindopril drug matter. SEBI analyst Sunil Kotak said the stock could run into selling pressure near ₹515 to ₹520.