India's Sun Pharma Advanced Research falls after Q2 loss widens

Sun Pharma Advanced Research

04/11/2024 09:58

** Shares of Sun Pharma Advanced Research Co  SPRC.NS  fall
4.7% to 205.80 rupees
    ** The clinical-stage biopharmaceutical co's Q2 consol loss
widened to 1.07 bln rupees ($12.7 mln) vs loss of 864.2 mln
rupees a year ago, revenue down 39% Y/Y
    ** SPRC set to snap five-session winning streak
    ** Trading vols 1.9x the 30-day average
    ** Stock down ~28% YTD


($1 = 84.1125 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))