Sun Pharma Advanced Research hits near 6-month high on June-qtr profit

Sun Pharma Advanced Research

05/08/2020 07:14

** Shares of pharma R&D co  SPRC.NS  rise as much as 14.42%
to 200 rupees, their highest since Feb. 11
    ** Mumbai-based co on Tuesday reported June-qtr profit of
566.9 mln rupees ($7.57 mln) vs loss of 941.9 mln rupees year
ago (https://bit.ly/3gAWSqE)
    ** June-qtr rev jumped more than ten-fold to 1.85 bln rupees
    ** About 5.7 mln shares change hands vs 30-day avg of ~1.3
mln shares
    ** SPRC shares up 11.9% so far this year, as of last close


($1 = 74.8950 Indian rupees)

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))