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Lupin Shares Fall Despite 40% Jump In Q3 Profit

Summary by NDTV Profit
The share price of Lupin Ltd. fell over 3% on Wednesday despite a 39.5% jump in its net profit for the quarter ended December. The decline comes as Nifty fell below 23,000 support level. In addition, the stock was trading at a high volume.The pharmaceutical company recorded a consolidated net profit of Rs 855 crore for the quarter ended December, compared to Rs 613 crore in the same quarter of the previous fiscal year. This was above Bloomberg's…
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Lupin broke the news in on Tuesday, February 11, 2025.
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