Alembic Pharma stocks decline post lower than expected Q1 results
Tue, Jul 27, 2021 11:55 AM

Alembic Pharma stocks decline post lower than expected Q1 results

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Shares of Alembic Pharmaceuticals dived considerably on Tuesday after the pharma company announced a poor set of numbers in June 2021. The drug firm details a decline in its consolidated net profit for the quarter ended June 30, 2021, it said in a regulatory filing. The company had posted a profit in the same quarter the previous year.

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