The uptick in Dr Lal PathLabs's share price came on the back of a healthy September quarter of financial year 2025 (Q2FY25) earnings
The company, which operates 280 labs across India and is on track to open 15-20 new labs this year as part of its expansion efforts, is also exploring acquisitions in southern India
The company's consolidated net profit increased 18 per cent year-over-year to Rs 129 crore ($15.4 million), increasing for the sixth quarter in a row
The company's revenue from operations rose to Rs 602 crore in Q1FY25, an 11.3 per cent Y-o-Y growth from Rs 541 crore reported in Q1FY24
Consolidated net profit rose 28 per cent to Rs 106 cr (around $13 million) for the quarter ended June 30, beating analysts' estimate of Rs 99.27 cr, per LSEG
5 breakout pharma stocks: Glenmark, Lupin, Laurus Labs, Dr Lal PathLabs and Zydus Life can potentially rally up to 15 per cent, suggest charts.
Manchanda highlights that the 'white-spaces' for them are going deeper in strong markets
Eyes expansion into Tier 3 and Tier 4 towns
The company's consolidated net profit jumped 49% year-on-year to Rs 84.5 crore ($10.1 million) in the fourth quarter
Covid-19 led to increase in self-testing awareness, particularly about preventive and wellness services
Dr Lal PathLabs reported an increase in its network of Patient Service Centres (PSCs) and Pick-Up Centres (PUPs) across the country. It also reported a 2 per cent rise in revenue from Tier 3 cities
Dr Lal PathLabs reported an increase in its network of Patient Service Centres (PSCs) and Pick-Up Centres (PUPs) across the country. It also reported a 2 per cent rise in revenue from Tier 3 cities
The October-December quarter encompasses the tail end of the monsoon as well as winter, which brings with them ailments such as influenza and stomach flu
Barring Dr Lal Pathlabs, the other four healthcare related stocks listed below seem to be trapped in a range for now, charts suggest.
A major fire broke out in a pathology laboratory in north Delhi's Rohini late last night, the fire department said on Monday. No one was reported injured. Officials said that the fire broke out on the third and fourth floor of a building which housed the pathology lab. The fire was reported to the department around 12.45 am. "Total 10 fire engines were rushed to the spot immediately. It took more than two hours to douse the flames completely. The fire was near the lift shaft. No one was injured in the fire," an official of the Delhi Fire Service said. The person said that the police have been informed for further investigation into the matter.
Dr Lal PathLab's share price rose to 3.30 per cent, ending the day's trade at Rs 2,455 apiece on the BSE
The total income for Q1FY24 came in at Rs 495.1 crore, compared to Rs 459.3 crore year-on-year
Dr. Lal PathLabs Ltd on Thursday reported a sixth consecutive fall in quarterly profit as a continued slide in income from Covid-related testing outpaced growth in its core business
While discounts have come down, pricing gap still large between incumbents and new players
While discounts have come down, pricing gap still large between incumbents and new players