Astrazeneca Pharma India slips on Q2 profit drop

Astrazeneca Pharma India

14/11/2024 06:49

** Shares of Astrazeneca Pharma India  ASTR.NS  fall 5.1% to
6773.5 rupees
    ** Co posts 27% y/y drop in Q2 consolidated net profit to
384.3 mln rupees ($4.5 mln)
    ** ASTR set for worst session since Aug. 8, when it fell
6.6% on Q1 net loss
    ** However, stock on track to end week in the green,
snapping a 3-week losing run
    ** ASTR up 24% YTD

($1 = 84.4000 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))