Sun Pharma shares gain on U.S. unit earnings

Reuters

Reuters Market Eye - Shares in Sun Pharmaceutical Industries(NSI:SUNPHARMA.NS - News) rose as much as 2.1 percent after earnings at U.S. unit Taro Pharmaceutical Industries (TARO.N) beat estimates, traders said.

Taro said on Monday that its net sales for October-December grew 15 percent to $213.6 million and earnings per share was at $2.59 per share.

Sun Pharma shares up 1.4 percent at 10:01 a.m.

(Reporting by Indulal PM)

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