New Delhi, Feb. 12 -- Divis Laboratories share price dropped by 4% in morning trade on the BSE on Thursday, February 12, a day after the company reported its December quarter results. Divis Laboratories shares opened at Rs.6,473.20 against their previous close of Rs.6,474.50 and dropped 4% to an intraday low of Rs.6,210. Around 10:10 am, the pharma stock traded 2.85% lower at Rs.6,290. Equity benchmark Sensex was 0.38% down at 83,909.66 at that time.
Divi's Laboratories, on February 11, said its consolidated profit after tax (PAT) for the quarter came in at Rs.583 crore, marginally lower than Rs.589 crore in the same period last year. The company's total income rose 12.11% to Rs.2,692 crore from Rs.2,401 crore reported in the quarter end...
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