Dr Reddy's Laboratories plunges 7% on disappointing Q4 margin https://ift.tt/eA8V8J - Walletnews For Me

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Monday, May 20, 2019

Dr Reddy's Laboratories plunges 7% on disappointing Q4 margin https://ift.tt/eA8V8J

On the YoY basis, the company's gross margin declined by around 100 bps, primarily on account of price erosion, partially offset by new launches and favorable forex rates
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