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Gland Pharma shares plunge 14%, take 2-day fall to 31%. Here's the main reason behind selloff

Shares of Gland Pharma hit a low of Rs 923 on BSE, down 13.40 per cent. The stock had fallen 20 per cent in the previous session. The two-day fall stood at 31.04 per cent.

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Gland Pharma plunges to 52-week low as Q4 net profit slumps 72.5%, revenue drops 29%

Gland Pharma s fourth quarter earnings disappointed the Street on all three fronts of profit, revenue and profitability,

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Gland Pharma shares tank 20% to hit new low; should you buy, sell or hold?

The drugmaker reported a 72 per cent YoY drop in net profit to Rs 79 crore in Q4FY23 due to a production shutdown at one of its facilities in Telangana and soft demand.

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