India's Sun Pharma Advanced Research plummets as Q4 loss widens

Sun Pharma Advanced Research

22/05/2023 10:17

** Shares Sun Pharma Advanced Research Co Ltd  SPRC.NS  down
as much as 7.25% to 180.3 rupees, their lowest since April 5
    ** Stock posts worst intraday pct loss since Feb. 14, on
track for third consecutive session of decline if trends hold
    ** SPRC reported a widened Q4 loss of 819.9 mln rupees ($10
mln), versus loss 710.5 mln rupees a year ago
    ** About 2.4 million shares change hands as of 2:39 p.m.
IST, 3.7x 30-day average
    ** Stock extends YTD fall to 11.7%, from 6.81% at last close

($1 = 81.7800 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))