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Near-term margin concerns and valuations weigh on Dr Lal Pathlabs

Some brokerages prefer Metropolis given higher realisation, revenue growth trajectory

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Dr Lal PathLabs | Indian equities | Brokerages

Ram Prasad Sahu  |  Mumbai 



Dr Lal PathLabs: Street worried over rising pressures
With Covid revenues witnessing a 50 per cent jump for the company in March as compared to December/January, lower realisations can weigh on margins

The stock has shed about 15 per cent from its highs a week ago after downgraded it over concerns related to realisation pressures, higher competition, and near-term margin pressures. Prior to the recent correction, the stock had gained 45 per cent since the start of March, running ahead of growth expectations. After Nomura downgraded the stock last week, CLSA, too, put a “sell” rating on Tuesday.

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First Published: Tue, April 20 2021. 20:29 IST

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