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Drugmaker Cipla down 3.7%; Q3 net lags forcast

Shares in Cipla fell nearly 4% on Monday morning, after it reported a larger-than-expected 19.4% decline in third-quarter net profit late on Friday.

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Shares in drugmaker Cipla fell nearly 4% on Monday morning, after it reported a larger-than-expected 19.4% decline in third-quarter net profit late on Friday.

At 9.27am (0357 GMT), Cipla was down 3.7%, while the main stock index was barely changed.

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