Diagnostic services provider Dr Lal PathLabs on Friday reported a 51.94 per cent decline in its consolidated net profit at Rs 28.4 crore for the quarter ended June 30, 2020.
Stocks of diagnostic chains and hospitals have been in focus as Covid-19 pandemic spread across the country. Is it a good strategy to stay put in these counters? Here's what the charts suggest
Hospitals, nursing homes and diagnostic centres get 5% off on energy bill; extra relief for charitable institutions
"India and the United States have had a long-standing productive partnership in the healthcare sector, especially between the research institutions and industries of both countries, he said
The shares of top diagnostic chains in the country shot up amidst volatile market conditions
With bigger players making inroads, share of organised sector to increase in a fragmented market
Diagnostic services companies led by Dr Lal Pathlabs, Metropolis Healthcare have outperformed the market and this trend is expected to sustain
But on the other side are public health scholars who caution that not having price control could lead manufacturers to form cartels
Deal to boost PerkinElmer's growth by adding leading positions in autoimmune & allergy diagnostics