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Lupin operating profit may lag estimates-StarMine

Source : REUTERS
Last Updated: Wed, May 08, 2013 06:08 hrs
Investors watch share index at local share market in Chandigarh

India's Lupin Ltd may miss January-March operating profit consensus forecasts when it reports results later in the day, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Lupin to report an operating profit of 5.37 billion rupees ($99 million) for the quarter compared with a wider consensus mean estimate of 5.51 billion rupees.

Shares in Lupin are up 2.1 percent at 0525 GMT.


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