 "Lupin gains on reporting good Q3 results")
Lupin's India formulations business grew by 14% recording net sales of Rs 743.8 crore during Q3 FY15, against Rs 650 crore in Q3 FY14.
The sales growth for the 9 months was 21%. Company's net sales grew by 5.4% to Rs 3,145 crore, up from Rs 2,983 crore in Q3 FY 2013-14.
The stock opened at Rs 1,555, touched a high of 1,567 and a low of Rs 1,550 on the BSE. Nearly 2,00,00 shares changed hands on the BSE and NSE by 11:20 AM.
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