India's Sun Pharma rises as quarterly profit before exceptional items and tax increases

By Reuters News09:36 (UTC), 30 October 2026 Updated

** Shares of Sun Pharmaceuticals SUN.NS rise as much as 5.3% to 1,855 rupees; last up 2.8%

** Drugmaker posts 6.3% increase in Q2 profit before exceptional items and tax

** Net profit fell 36%, due to one-time charge largely linked to co's planned acquisition of Organon; rev from ops rose 12%

** More than 3.7 million shares traded by 2:57 pm, 2.4x the 30-day avg

** Stock on avg rated "buy" by 31 analysts; median PT is 2,180 rupees - LSEG-compiled data

** Stock up 5.4% YTD

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