BSE Healthcare index hits record high; Laurus Labs, Dr Reddy's at new highs

Lupin, Stride Pharma, Neuland Labs, Lincoln Pharma, and Hikal hit their respective 52-week highs on the BSE

Shares of pharmaceutical companies were on a roll at the bourses on Friday, with the S&P BSE Healthcare index surging nearly 3 per cent to hit its record high on the back of positive news flow.

Laurus Labs, Dr Reddy’s Laboratories and Apollo Hospitals from the index hit their respective record highs, while Lupin, Stride Pharma, Neuland Labs, Lincoln Pharma and Hikal scaled their respective 52-week highs on the BSE.

At 09:48 am, the S&P BSE Healthcare index, the top gainer among sectoral indices, was up 2.9 per cent at 20,282 points, as compared to 0.4 per cent