India, Sept. 29 -- The Pithampur-based pharmaceutical formulations company has moved two important pieces into place. One is a new plant building that began running in mid-September, with more work still underway on a separate section. The other is a fresh advisory arrangement aimed at helping it look beyond its home market and consider new sources of capital. Investors will want to see how these steps sit alongside its latest quarterly numbers and what the timeline looks like, since several approvals are still pending.

Shares of Quest Laboratories Ltd are trading at Rs. 83.00, down 3.21 percent on Tuesday. The stock touched the intraday high of Rs. 83.60 after opening at Rs. 83.60 before slipping to a low of Rs. 83.00. The company comm...