why lupin share price is falling?
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As us FDA has a scheduled inspection at one of lupin's manufacturing facility in India from 17.04. 2017, incase of adverse observations overall sales of company in USA might get affected so price of its share is falling.
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Unhappily, Amneal Pharmaceuticals had to report a 1566% decline in EPS over the last year. This was, in part, due to extraordinary items impacting earnings. In fact, it actually made a loss over the last twelve months. The share price fall of 75% isn't as bad as the reduction in earnings per share.
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Shares of Baidu (NASDAQ:BIDU) sank 20.3% in 2019, according to data from S&P Global Market Intelligence . Despite a year of strong gains for the broader Chinese market, the search leader's stock slumped because of weak performance for its advertising business.
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It's already reported a 95% drop in first-quarter profits due to rising provisions for bad loans. However, when the economic recovery starts to take hold, the Lloyds share price could surge as profits recover. Rising profits should drive improved investor sentiment.
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In recent weeks, Lloyds Bank (LSE: LLOY) shares have plummeted due to the economic uncertainty associated with the coronavirus outbreak. In the space of just a month, Lloyds' share price has fallen from around 57p to 43p, a decline of about 25%.
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Shares in Majestic Wine have fallen sharply after the company suspended its dividend and warned that the sale of its retail chain could slip into 2020. ... “We are at a crossroads in the company's history,” Gormley said. “We have taken the difficult but important decision to focus on Naked and exit from Majestic.
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Reasons behind the Fall in the Share of BEL Being a Mid-cap stock – After September 2018, there have been heavy corrections in mid-cap and small cap. The BSE Small cap index is 35% down and the mis-cap index too is 20%-25% down. Because of this many stocks got hammered, BEL being a part of that hammering.
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Investment Rationale MRPL's stock price has declined 37% in FY20 YTD due to concerns about benchmark GRMs and shutdowns further impacting the performance. The brokerage expects the refining margins to remain weak while the dependence on the Nethravathi River until the desalination plant comes on stream in 2021.
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The Kwality stock fell in trade on Wednesday after the firm deferred a decision on buyback of securities, bonus issue of securities and payment of interim dividend in a board meeting. The stock of dairy products manufacturer was trading 4.84% lower at 20.65 level, a five-year low on BSE.
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Lupin Pharmaceuticals is a subsidiary of Lupin Limited and one of the top five pharmaceutical companies in the country, making it a key player in the industry. The company was founded in 1968 and while its main focus is generic drugs, it also manufactures branded medications and active pharmaceutical ingredients (API).
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This reverse split comes as Aurora shares (ticker: ACB) fell out of compliance with New York Stock Exchange listing standards because its share price fell below an average of $1 for a 30-trading-day period. ... Shares sank 13% to 76 cents on Monday, while the S&P 500 index was down 1%.
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Once again, there isn't any company-specific news that can explain the big drop. That means that the most likely cause of the decline is the general market sell-off that is linked to the continued spread of the coronavirus.
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BT's share price has been falling for much of the past five years owing to disappointing financial performance and more recently, the fact that its dividends may be cut to finance capital spends. 5G is here – and shares of this 'sleeping giant' could be a great way for you to potentially profit!
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UnitedHealth stock fell 20% over the last 6 trading sessions, (between March 9, and March 16), and it is down 17% since early February, considering the impact that the outbreak and a broader economic slowdown could have on the company's business.
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The cannabis stock has lost significant market value due to a sequential decline in quarterly sales, mounting losses, and the broader market sell-off. Shares of Canada-based cannabis company Tilray (NASDAQ:TLRY) have moved 90% lower over the past year.
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What's most concerning is that the drop was due to declining sales in the recreational market, where OrganiGram's revenue was just CA$18.9 million. That's down 39% from a year ago when it generated CA$30.7 million in recreational sales.
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Wynn said it had suspended its dividend because of the financial impact of the coronavirus pandemic. ... Wynn stock has fallen 44% in the past year, as the S&P 500 index SPX, -1.23% has fallen 2.2%.