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Gland Pharma Stock Plunges Following Promoter Stake Sale

Gland Pharma stock falls over 3% after Nicomac Machinery sells stake

Shares of Gland Pharma fell over 3 per cent today after investor Nicomac Machinery reduced its stake in the pharma firm. The large cap stock touched an intraday low of Rs 3,319.85, down 3.58 per cent on BSE. Gland Pharma stock has lost 26.13 per cent in a year and fallen 13.21 per cent in 2022.

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