Cipla operating profit may lag estimates - StarMine

Reuters Market Eye - Cipla Ltd may miss January-March operating profit consensus forecasts when it reports results on Wednesday, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Cipla to report an operating profit of 4.81 billion rupeesfor the quarter compared with a wider consensus mean estimate of 4.91 billion rupees.

Shares in Cipla are down 1.66 percent at 2.22 pm.

(Reporting by Abhishek Vishnoi)