Lupin Q2 Profit Rises 58% to Rs 662 cr

Lupin Q2 profit rises 58% to Rs 662 cr, North America biz up 73%
Pharma major Lupin ‘s second quarter earnings missed analysts’ expectations on Wednesday with profit rising 57.7 percent year-on-year to Rs 662.2 crore on US business growth. The stock surged 3.6 percent after Democratic Party candidate Hillary Clinton lost US elections but it shed all gains due to lower-than-expected quarterly earnings. Revenue during the quarter increased 28.9 percent to Rs 4,290.5 crore compared with year-ago period, driven by US, Japan as well as India businesses.

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US Presidency Elections – Republican Donald Trump it is decides US

trump
The US Presidential Election has turned out to be a shocker. In a historic achievement, Republican Donald Trump wins the Presidency race as he defeats Democrat Hillary Clinton.

Donald Trump will become the 45th President of the United States.

At his first public appearance, “I just received a call from Secretary Clinton,” Mr. Trump opened. “She congratulated us – this is about us – on our victory, and I congratulated her and her family on a very, very hard-fought campaign.”

Trump called his campaign a “movement” and said he will start the “urgent task of rebuilding our nation and renewing the American dream.” Trump called for the US to “get along with all other nations willing to get along with us.”

He said “America will no longer settle for anything less than the best, we must reclaim our country’s destiny, and dream big and bold and daring. We have to do that.”

He ended saying, “I love this country.”

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intraday-tips

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