Ranbaxy Laboratories touched an intraday high of Rs 284.35 and an intraday low of Rs 275.55. At 1:55 pm, the share was quoting at Rs 280.25, up Rs 5.85, or 2.13%.

The company has got approval from Japan for Dewas unit for 5 years.

It was trading with volumes of 449,485 shares. Yesterday the share closed up 2.22% or Rs 5.95 at Rs 274.40.