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Lupin Share Price Volatile After Q1 Miss; Trading Volume Surges


Shares of Lupin Ltd. fell in early trade after reporting a loss in the first quarter due to higher operating expenses and weakness in the U.S. market. The stock, however, has erased its losses.Lupin Q1 FY23 Highlights (YoY)Loss of Rs 89 crore against net profit of Rs 542 crore.Revenue fell 12% to Rs 3,744 crore against the Rs 4,035-crore forecast.Operating profit stood at Rs 164 crore, down 82%, against an estimate of Rs 412 crore.Ma…





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