VERIFIEDET Markets·23 Jul 2026negative

Dr Reddy’s shares crash 9% after weak Q1 results. Here’s why these 3 brokerages are bearish

AI Summary

·Dr Reddy's shares fell 9% following weak Q1 FY27 results.
·Net profit decreased by 69% year-on-year to Rs 443 crore.
·Revenue declined 6% to Rs 8,071 crore, impacted by API provisions and increased costs.