Dr. Lal PathLabs rose 2.18% to Rs 1,291.45, extending recent rally amid strong buying support.
Shares of Dr. Lal PathLabs rose 3.91% in two trading sessions to its current market price of Rs 1,291.45, from a recent closing low of Rs 1,242.80 on 5 September 2019.
The stock had outperformed the market over the past one month, rising 15.70% compared with 0.01% rise in the Sensex. It also outperformed the market in past one year, jumping 25.74% as against Sensex's 3.30% rise.
The stock hit an intraday high of Rs 1,305, which is also a record high for the counter. The stock hit an intraday low of Rs 1,278. It hit a 52-week low of Rs 817 on 19 November 2018.
On a consolidated basis, net profit of Dr Lal Pathlabs rose 19.03% to Rs 58.80 crore on 14.68% rise in net sales to Rs 335.20 crore in Q1 June 2019 over Q1 June 2018.
Dr. Lal PathLabs is engaged in providing diagnostic and related healthcare tests and services.
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