Hot Pursuit     05-Nov-14
AstraZeneca Pharma India declines as net loss widens in Q2
AstraZeneca Pharma India lost 4.17% to Rs 874.10 at 10:27 IST on BSE after the company reported a net loss of Rs 27.96 crore in Q2 September 2014, higher than net loss of Rs 1.23 crore in Q2 September 2013.

The Q2 result was announced after market hours on Monday, 3 November 2014.

Meanwhile, the S&P BSE Sensex was up 137.41 points or 0.49% at 27,997.79.

On BSE, so far 2,321 shares were traded in the counter as against average daily volume of 2,907 shares in the past one quarter.

The stock hit a high of Rs 902.60 and a low of Rs 868 so far during the day. The stock had hit a 52-week low of Rs 725.85 on 4 February 2014. The stock had hit a 52-week high of Rs 1,285 on 4 March 2014.

The stock had underperformed the market over the past one month till 3 November 2014, advancing 0.52% compared with Sensex's 4.86% rise. The scrip had also underperformed the market in past one quarter, tumbling 17.78% as against Sensex's 9.34% rise.

The small-cap company has equity capital of Rs 5 crore. Face value per share is Rs 2.

AstraZeneca Pharma India's net sales declined 0.9% to Rs 114.55 crore in Q2 September 2014 over Q2 September 2013.

AstraZeneca Pharma India is one of the leading pharmaceutical companies, with a broad range of medicines designed to fight disease in important areas of healthcare. The company is involved in both manufacturing and marketing of medicines.

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