Sanofi India drops after weak Q1 figures

Sanofi India dropped 1.89% to Rs 5996 at 10:37 IST on the BSE after net profit dropped 2.2% to Rs 97.40 crore on 9.4% increase in net sales to Rs 747.90 crore in Q1 June 2019 over Q1 June 2018.

The result was announced after market hours yesterday, 29 July 2019.

Meanwhile, the S&P BSE Sensex was up by 117.07 points or 0.31% to 37,802.44.

On the BSE, 1059 shares were traded in the counter so far compared with average daily volumes of 1133 shares in the past two weeks. The stock had hit a high of Rs 6085 and a low of Rs 5895.55 so far during the day. The stock hit a 52-week high of Rs 6840.05 on 10 September 2018 and hit a 52-week low of Rs 5300 on 24 June 2019.

 

Sanofi India offers a wide array of medicines for therapy areas such as diabetes, cardiology, thrombosis, central nervous system and antihistamines

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