Divi’s Laboratories Ltd., incorporated in the year 1990, is a Large Cap company (having a market cap of Rs 98873.77 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 1720.76 Crore, down -2.39 % from last quarter Total Income of Rs 1762.94 Crore and up 19.67 % from last year same quarter Total Income of Rs 1437.93 Crore. Company reported net profit after tax of Rs 470.62 Crore in latest quarter.
Investment Rationale
Price resumes uptrend after consolidating above recent breakout area
Promoter/FII Holdings
Promoters held 62.8 per cent stake in the company as of Dec 30, 2020, while FIIs held 12.8 per cent, DIIs 7.8 per cent and public and other 16.7 per cent.
