Pharma stocks trade lower; Sun Pharma, Cadila Healthcare down over 5%
Updated : May 16, 2019 11:44 AM IST
Sun Pharma fell as much as 7.5 percent and Glenmark was down nearly 3 percent. Shares of Cipla, Biocon and Dr Reddy’s fell up to 1 percent.
Lupin’s stock price declined nearly 6 percent after brokerages gave a bearish outlook on the stock after March-quarter earnings.
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