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Sun Pharma shares tank 11%; weak earnings seen culprit
2015-06-01 09:52:06| Chemicals - Topix.net
Sun Pharmaceutical Industries on Friday posted a consolidated net profit of Rs 888.05 crore for the fourth quarter ended March 31, mainly due to Ranbaxy merger impact and price erosion in some products in the US. The stock plunged 11% to Rs 869.50 on the BSE.
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Category:Chemicals