Business Standard

Dr Lal PathLabs snaps 4-day rising trend

Image

Capital Market

Dr Lal PathLabs fell 2.39% to Rs 1,600 amid profit booking after a recent rally.

Shares of the pharmaceutical major jumped 12.06% in the past four trading sessions to settle at Rs 1,639.25 yesterday, 29 October 2019, from its close of Rs 1,462.75 on 23 October 2019.

Meanwhile, the S&P BSE Sensex was up 265 points or 0.66% to 40,096.35.

On the BSE, 3,569 shares were traded in the counter so far compared with average daily volumes of 10,004 shares in the past two weeks. The stock hit an intraday high of Rs 1,639.25 and an intraday low of Rs 1,593 so far during the day.

 

The stock hit a 52-week high of Rs 1,663.90 on 29 October 2019. The stock hit a 52-week low of Rs 817 on 19 November 2018.

Dr Lal PathLabs's consolidated net profit jumped 19% to Rs 58.80 crore on 14.7% increase in net sales to Rs 335.20 crore in Q1 June 2019 over Q1 June 2018.

Dr Lal PathLabs provides diagnostic healthcare services in India.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 30 2019 | 1:52 PM IST

Explore News