Shares of Ipca Labs opened 9% lower after the company approved entering into a definitive share purchase agreement for the acquisition of a 33.38% stake of Unichem Laboratories for Rs 1034.06 crores. Mahindra Lifespace Developers opened over 3% higher after the firm was selected as a partner to redevelop a residential society in Mumbai that offers a revenue potential of about Rs 8.5 billion.
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