Shares of diagnostic chain Dr Lal PathLabs today soared 10.5 per cent after the company reported 27.21 per cent rise in consolidated net profit for the quarter ended March 31.
The stock surged 10.06 per cent to end at Rs 887.20 on BSE. During the day, it jumped 15.44 per cent to Rs 930.60 -- its 52-week high.
At NSE, shares of the company advanced by 10.51 per cent to close at Rs 892.
Dr Lal PathLabs yesterday reported 27.21 per cent rise in consolidated net profit to Rs 40.2 crore for the quarter ended March 31.
The company had posted a net profit of Rs 31.6 crore during January-March, 2016-17, Dr Lal PathLabs said in a filing to BSE.
Consolidated operating revenue rose to Rs 266.8 crore for the quarter under review. It was Rs 219.9 crore for the same period a year ago.
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