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Dr Reddy's operating profit may lag estimates - StarMine

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Reuters
Last Updated : Jul 30 2014 | 11:20 AM IST

Reuters Market Eye - Dr Reddy's Laboratories Ltd's April-June operating profit may lag consensus, Thomson Reuters StarMine's SmartEstimates shows.

Dr Reddy's may report operating profit of 7.42 billion rupees ($123.3 million) as per SmartEstimates, versus the consensus mean of 7.70 billion rupees.

The drugmaker reports results later in the day.

Shares were trading 0.6 percent higher at 11:11 a.m.

($1 = 60.1700 rupees)

(Reporting by Abhishek Vishnoi)

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First Published: Jul 30 2014 | 11:13 AM IST

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