India's Bliss GVS Pharma sinks on qtrly profit slide

Bliss GVS Pharma

02/08/2023 05:45

** Shares of Indian drugmaker Bliss GVS Pharma  BLIS.NS 
fall as much as 6.87% to 91.55 rupees in sharpest intraday slide
since May 12
    ** Co posted more than 43% slide in consol net profit at
146.9 mln rupees ($1.78 million) for the quarter ended June 30,
while rev slipped more than 11% to 1.60 bln rupees 
    ** Stock on track for fourth consecutive session of losses
    ** More than 400,00 shares changed hands by 10:09 a.m. IST,
0.8X 30-day avg 
    ** BLIS has risen 28% so far this year 


($1 = 82.4425 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))