Saturday, August 13, 2016

SUN PHARMA POSTS STELLAR RESULTS IN Q1, STOCK SKIDS

Sun Pharmaceutical Industries  has posted a net profit of Rs. 2034 cr for the quarter ended June 30, 2016 as compared to Rs. 556 cr for the quarter ended June 30, 2015. 

The total income has increased from Rs. 6925 cr for the quarter ended June 30, 2015 to Rs. 8400 cr for the quarter ended June 30, 2016.

Despite good numbers the Sun Pharma shares were down by Rs 8 and closed at Rs 800 in yesterday's trading.

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