Alkem Labs hits record high, soars 8% on strong Q3 results, dividend bounty

The board of directors of the company has declared an interim dividend of Rs 22 per equity share for the financial year 2019-20.

SI Reporter | Mumbai
Last Updated at February 10, 2020 10:38 IST

Shares of Alkem Laboratories surged 8 per cent to hit a new high of Rs 2,699, on the BSE, on Monday after it reported a strong 56.8 per cent year on year (YoY) growth in consolidated profit before tax (PBT) at Rs 40.46 crore for the December quarter (Q3FY20). The pharmaceuticals company had PBT of Rs 25.81 crore in the year ago quarter.

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