May 18, 2018 / 9:19 AM / 5 days ago

BUZZ-India's Strides Shasun plunges, loses most in over 10 years

** Shares of Strides Shasun Ltd dives nearly 25 pct to 378.20 rupees, their lowest since early April 2014

** Stock posts biggest intraday pct loss since Jan 2008

** More than 9.3 mln shares traded versus 30-day avg volume of 680,951

** Pharma co’s March-qtr consolidated profit rises five-fold but it posts a loss after tax from continuing ops of 44 mln rupees

** Year 2017-18 was a difficult one, Strides said in a statement here, adding "our execution was far from satisfactory"

** Stock has fallen nearly 37 pct this year up to Thursday

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