BUZZ-Pfizer's India unit drops on quarterly profit fall

Pfizer

Pfizer

PFE

0.00

** Pfizer Ltd PFIZ.NS shares fall as much as 2.26%

** Stock trims some losses to last trade 1.73% lower at 4,659.20 rupees

** Pfizer Inc's PFE.N India unit posted a drop of about 40% in quarterly profit; revenue up ~6.3% y/y

** Total expenses jumped about 7% year on year

** PFIZ rated "buy" on average by five analysts, median PT at 6030 rupees -- data compiled by LSEG

** YTD , stock down 5.25%


($1 = 95.6550 Indian rupees)