Sun Pharmaceuticals Industries Ltd has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 78759 lacs for quarter ending on 30-JUN-2009 against Rs. 104177 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 16384 lacs for the quarter ending on 30-JUN-2009 against Rs. 50145 lacs for the quarter ending on 30-JUN-2008.
Stock had recently fallen below 1100 on bad news but then went over 1200 on the hope of robust performance which sadly is not so as per results now declared.
Stock should gradually move to settle below 1000 levels.One can exit now to re-enter later.
| NIFTY 
