MUMBAI Feb 7 (Reuters) - Shares in India's Cipla Ltd fell 2.07 percent in pre-open trading on Thursday a day after its October-December net profit missed estimates.
Cipla reported a 25.5 percent rise in quarterly profit on Wednesday but slightly missed street estimates as taxes surged.
Analysts added Cipla's margins also missed expectations. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
Trending On Reuters
Shock turned to anger in Nepal on Tuesday as some of the tens of thousands stricken by a devastating earthquake, which killed more than 4,000 people, expressed frustration at what they said was their government's slow response to the crisis. Full Article