India, July 21 -- Danaher Corporation (DHR) shares fell $27.13, or 13.49 percent, to $173.98 on Tuesday, despite the life sciences and diagnostics company reporting higher second-quarter earnings and revenue while reaffirming growth expectations for the year.

The stock opened at $168.84 and traded between $165.95 and $178.58 during the session on the New York Stock Exchange. It has traded in a 52-week range of $160.93 to $242.80. Trading volume reached 10.37 million shares, compared with an average daily volume of 4.63 million shares.

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Second-quarter net earnings increased to $870 million, or $1.23 per share, from $555 million, or $0.77 per share, a year ...