Sun Pharma falls; unit Taro results fail to beat estimates

Tags: Companies
Shares of Sun Pharmaceutical Industries Ltd fall 0.9 percent after quarterly earnings at unit Taro Pharmaceutical Industries fail to beat some analyst estimates.

Taro's revenue in January-March grew by 13 percent to $187 million, while profit jumped by 82 percent to $90 million.

Sun Pharma is scheduled to report its Jan-March results on Thursday.

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