Lupin Gains Most In Eight Months Despite Q1 Miss In A Volatile Session

Shares of Lupin Ltd. rebounded in a volatile session even after reporting a loss in the first quarter due to higher operating expenses and weakness in the U.S. market.

Of the 42 analysts tracking the company, 11 maintain a 'buy', 15 suggest a 'hold' and 16 recommend a 'sell', according to Bloomberg data. The 12-month consensus price target implies an upside of 3.8%.