India's P&G Health hits 6-wk low as June-qtr profit drops

Procter & Gamble Health

24/08/2023 05:11

** Shares of Procter & Gamble Health  PROR.NS  down as much
as 5.8% to 6-week low of 5,036.1 rupees
    ** Stock clocks biggest intraday pct loss since March 29 and
on track for a fourth consecutive session of losses
    ** Pharma and healthcare products maker reported a nearly
28% fall June-quarter profit 
    ** Total expenses jumps 7.4% on higher input, employee
expenses
    ** Trading vol by 9:36 a.m. IST is 1.6x the 30-day avg

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))