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Pharma cos see huge sell off: Sun Pharma, Dr Reddys hit hard


Pharma cos see huge sell off: Sun Pharma, Dr Reddys hit hard

Pharma stocks came under massive selling pressure, falling by up to 7.4 per cent amid reports that US prosecutors could file charges by year-end in an investigation of generic makers over suspected price collusion.

Shares of Sun Pharma tanked 7.41 per cent, Suven Life tumbled 6.02 per cent and Dr Reddys Lab plunged 5.67 per cent on BSE.



Source: PTI
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