Ranbaxy Laboratories touched an intraday high of Rs 457.35 and an intraday low of Rs 427.15. At 09:04 hrs the share was quoting at Rs 430, down Rs 23.8, or 5.24% on the NSE. Company said that, the challenges in US market will continue. Europe remains competitive for generic drug companies. The company expects total sales of Rs 7,800 crore in 2010 and net profit at Rs 460 crore. It was trading with volumes of 102,476 shares. Yesterday the share closed up 0.62% or Rs 2.80 at Rs 453.80.For Further: www.moneycontrol.com/news/buzzing-stocks/ranbaxy-laboratories-slips-52_443882.html
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