Diabytes
Dr Lal PathLabs News
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Dr. Lal PathLab's consolidated profit tax declined by 7 percent.
The consolidated profit for the December quarter is Rs 54 crore.
Revenue also declined to Rs 489 crore for the period.
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The news of LIC buying the stake in the company buoyed shares of Dr Lal PathLabs.
Dr Lal PathLabs shares surged 2.59% to Rs 3,768 on Thursday.
The company’s market capitalisation jumped to Rs 31,187 crore.
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Shares of diagnostic chain Dr Lal PathLabs listed with a hefty premium and ended the day with a sharp gain of 50 percent against the issue price of Rs 550.
SEBI has sought clarifications from merchant bankers of Teamlease and Dr Lal PathLabs in connection with their proposed initial share sale plans.
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