The stock extended gains and touched a high of Rs 400 - up 9%. It finally settled with a 7% gain at Rs 391. The counter witnessed trades of 431,749 shares on the BSE today.
________________________________________________ (Updated at 1003 hrs)
Piramal Healthcare has gained in opening trades this morning following a jump in Q2 profits.
The stock opened at Rs 368 and moved up to touch a high of Rs 378 - up 3.2%. The stock is now up 2.7% at Rs 376. Around 2,608 shares have been traded on the BSE so far.
According to a release issued by the company to the BSE, the consolidated net profit has jumped 45% to Rs 106.27 crore in the quarter ending Sept 30, 2009, from Rs 73.39 crore in the same quarter a year ago. The consolidated total income increased 12.5% to Rs 999.99 crore from Rs 889.3 crore.
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