Unichem Laboratories announced that it has received ANDA approval for its Tolterodine Tartrate Tablets, USP 1 mg and 2 mg from the United States Food and Drug Administration (USFDA) to market a generic version of DETROL® (tolterodine tartrate) tablets of Pfizer Inc.

Tolterodine tartrate tablets are indicated for the treatment of overactive bladder with symptoms of urge urinary incontinence, urgency, and frequency. The product will be commercialized from Unichem's Goa Plant.

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Net profit of Unichem Laboratories reported to Rs 2.43 crore in the quarter ended June 2020 as against net loss of Rs 6.19 crore during the previous quarter ended June 2019. Sales rose 16.13% to Rs 317.27 crore in the quarter ended June 2020 as against Rs 273.20 crore during the previous quarter ended June 2019.

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Vimta Labs Ltd, Maan Aluminium Ltd, Krebs Biochemicals & Industries Ltd and Mastek Ltd are among the other gainers in the BSE's 'B' group today, 03 August 2020.

Unichem Laboratories Ltd spiked 20.00% to Rs 282.3 at 12:08 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.13 lakh shares were traded on the counter so far as against the average daily volumes of 28265 shares in the past one month.

Vimta Labs Ltd soared 15.73% to Rs 121. The stock was the second biggest gainer in 'B' group. On the BSE, 83111 shares were traded on the counter so far as against the average daily volumes of 21185 shares in the past one month.

Maan Aluminium Ltd surged 15.69% to Rs 59. The stock was the third biggest gainer in 'B' group. On the BSE, 6939 shares were traded on the counter so far as against the average daily volumes of 4775 shares in the past one month.

Krebs Biochemicals & Industries Ltd rose 14.25% to Rs 103.4. The stock was the fourth biggest gainer in 'B' group. On the BSE, 21097 shares were traded on the counter so far as against the average daily volumes of 6803 shares in the past one month.

Mastek Ltd spurt 11.48% to Rs 638.2. The stock was the fifth biggest gainer in 'B' group. On the BSE, 57063 shares were traded on the counter so far as against the average daily volumes of 29985 shares in the past one month.

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Unichem Laboratories will hold a meeting of the Board of Directors of the Company on 4 August 2020.

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