Zydus Wellness slumped 6.06% to Rs 577.60 at 11:28 IST on BSE, with the stock extending Monday's 5.58% slide triggered by the company reporting poor Q1 earnings.
Meanwhile, the S&P BSE Sensex was up 190.82 points or 0.76% at 25,197.80.
On BSE, so far 11,000 shares were traded in the counter as against average daily volume of 16,000 shares in the past two weeks.
The stock hit a high of Rs 611 and a low of Rs 573 so far during the day.
Shares of Zydus Wellness have tanked 11.39% in two trading sessions from a recent high of Rs 651.25 on 11 July 2014, after the company at the fag end of market hours on Monday, 14 July 2014, reported poor Q1 June 2014 earnings. The stock had slumped 5.58% to settle at Rs 614.85 on Monday, 14 July 2014.
Zydus Wellness' consolidated net profit fell 24.95% to Rs 17.05 crore on 6.13% decline in total income from operations to Rs 100.91 crore in Q1 June 2014 over Q1 June 2013.
Zydus Wellness is engaged in manufacturing and selling consumer products.
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