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Sun Pharma shares down over 4% on Q3 net profit drops

The stock declined by 4.25% to end at Rs 622.50 on BSE. Intra-day, it lost 4.47% to Rs 621.05

Press Trust of India  |  New Delhi 

Shares of Sun Pharma fell by over four per cent today after the company reported a 4.72 per cent decline in consolidated net profit for the December quarter. The stock declined by 4.25 per cent to end at Rs 622.50 on BSE. Intra-day, it lost 4.47 per cent to Rs 621.05. At NSE, shares of the company fell by 4 per cent to close at Rs 623.05. The fall in the stock wiped out Rs 6,637.16 crore to Rs 1,49,350.84 crore from the company's market valuation. In terms of volume, 8.68 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the ...


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First Published: Wed, February 15 2017. 17:02 IST