Shasun Pharmaceuticals' third quarter consolidated net profit fell nearly 67 percent year-on-year to Rs 8.2 crore, sending shares more than 12 percent lower in early trade on Friday.
Consolidated net sales too came in weak, slipping 13 percent to Rs 257.1 crore from Rs 295.8 crore during the same period.
At 09:28 hours IST, shares went down 10 percent to Rs 88.20 amid large volumes on Bombay Stock Exchange.
Trading volumes increased 74 percent to 2,31,748 equity shares as against five day average of 1,32,897 shares
In the previous trading session too, shares dropped more than 7 percent to Rs 98.20. Market capitalisation of the company currently stands at Rs 486.19 crore. Also Read
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