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Lupin shares drop 3% after Q3 results

Shares of Lupin Ltd fell as much as 2.8% on Wednesday to Rs 2,008 on the BSE amid a broader market weakness despite posting a year-on-year profit increase for the third quarter ended December 2024.

Lupin reported a profit after tax of Rs 8,589 crore for the December quarter, marking a 38.8%…

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