Monday, 3 February 2014

Divi's Lab surges after December quarter earnings beat estimates

Shares in Divi's Laboratories jumped as much as 5.6 per cent to hit an all-time high after its December-quarter earnings beat estimates, dealers said.
Shares in Divi's Laboratories jumped as much as 5.6 per cent to hit an all-time high after its December-quarter earnings beat estimates, dealers said.

The company on Monday reported a 51.84 per cent increase in its standalone net profit at 2.19 billion rupees ($34.9 million) for the October-December quarter.

Divi's shares rose 4.6 per cent to 1,373 rupees after hitting a high of 13,87 rupees.


From ET News

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