Lupin operating profit may lag estimates: Starmine

Lupin Ltd may miss the consensus operating profit forecast for the April-June quarter when it reports results on Wednesday, 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 Rs 616 crore for the quarter, compared with a consensus mean estimate of Rs 629 crore.

Lupin shares were down 0.36 per cent at 2:07 pm on the NSE.

Copyright: Thomson Reuters 2013