 "IOL Chemicals hits record high in weak market; zooms 34% in 3-days")
Shares of IOL Chemicals & Pharmaceuticals (IOL) rallied 19 per cent to hit an all-time high of Rs 246 on the BSE on Tuesday on the back of heavy volumes in an otherwise weak market.
The stock of pharmaceutical company surpassed its previous high of Rs 235 touched on May 30, 2019. In past three trading days, it zoomed 34 per cent as compared to 1.8 per cent decline in the S&P BSE Sensex.
IOL had reported a healthy operational performance with 20 per cent year on year (YoY) growth in earnings before interest, tax, depreciation, and amortisation
The stock of pharmaceutical company surpassed its previous high of Rs 235 touched on May 30, 2019. In past three trading days, it zoomed 34 per cent as compared to 1.8 per cent decline in the S&P BSE Sensex.
IOL had reported a healthy operational performance with 20 per cent year on year (YoY) growth in earnings before interest, tax, depreciation, and amortisation
