Dr Reddy’s Laboratories failed to cheer the market despite June quarter net profit doubling. Analysts see concern over the US business and pressure on operating performance as key drags. These concerns have prompted traders to build bearish bets on the stock. Chandan Taparia, derivative analyst at Motilal Oswal, said the weakness could continue and the stock could drift down to Rs 3,950.
How US tariffs could reshape India’s export landscape? Radhika Rao explains
If you take the baseline of first term of President Trump, the action usually starts low, there is a lot of study going on but