Torrent Pharma shares tumble 15 percent on poor Q3 show
New Delhi: Shares of Torrent Pharmaceuticals on Thursday tumbled 15 per cent after the company's consolidated net profit declined by 16 per cent for the third quarter ended December 2021. The stock tanked 17.69 per cent to Rs 2,601.30 during the day on BSE. It settled at Rs 2,689.10, lower by 14.92 per cent.On NSE, it tumbled 14.99 per cent to close at Rs 2,686.95.Torrent Pharmaceuticals...
New Delhi: Shares of Torrent Pharmaceuticals on Thursday tumbled 15 per cent after the company's consolidated net profit declined by 16 per cent for the third quarter ended December 2021. The stock tanked 17.69 per cent to Rs 2,601.30 during the day on BSE. It settled at Rs 2,689.10, lower by 14.92 per cent.
Torrent Pharmaceuticals Ltd is an Indian multinational pharmaceutical company headquartered in Ahmedabad. The Company is active in therapeutic segment of cardiovascular (CV), central nervous system (CNS), gastro-intestinal (GI) and women healthcare (WHC). The Company also has significant presence in diabetology, pain management, gynaecology, oncology and anti-infective segments.
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