Sun Pharma Shares Fall 3% After Q2 Profit Drops 36%
Sun Pharmaceutical Industries shares fell over 3% on Monday after the company reported a 36% drop in July–September profit. Several brokerages remained positive but cut their target prices.
Shares of Sun Pharmaceutical Industries fell over 3 percent, snapping their four-day winning streak, on Monday, November 2, after the company reported a sharp fall in its July-September quarter profit. Despite the weak quarterly results, several brokerages remain positive about the pharm major’s gr…