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DIL shares rallied 10 per cent at Rs 954 in intra-day trade on the BSE in an otherwise weak market on Thursday. It was trading close to its all-time high level of Rs 1,125 touched January 10 this year.
In the past eight trading days, the stock has surged 52 per cent after the pharmaceutical company reported strong earnings for March quarter (Q4FY19). In comparison, the S&P BSE Sensex was up 1.5 per cent during the same period.
DIL reported more-than-doubled consolidated net profit at Rs 37 crore in Q4FY19, on account of tax credit of Rs 21
In the past eight trading days, the stock has surged 52 per cent after the pharmaceutical company reported strong earnings for March quarter (Q4FY19). In comparison, the S&P BSE Sensex was up 1.5 per cent during the same period.
DIL reported more-than-doubled consolidated net profit at Rs 37 crore in Q4FY19, on account of tax credit of Rs 21
