Shares of Sun Pharmaceutical Industries Limited fell as much as 7.2 per cent. The stock may test a support at Rs 366.88.
The stock on Monday bounced back after falling as much as 21.3 per cent, but failed to hold above a support at Rs 412.33.
It was down 4.8 per cent this year as of last close, while Nifty gained 2.7 per cent in the same period.