Tag: Aarti Drugs
- 13 Sep
Aarti Drugs shares jump 4%
Aarti Drugs shares jumped 4% on September 13, partly recouping last two trading sessions' 6% loss. The stock has risen over 88% in the last six months and given 31% returns year-to-date. The company's board had approved a share buyback of Rs 59.85 crore in July, which had then sent the stock soaring. The company reported a 53% on-year jump in net profit at Rs 40 crore for the April-June quarter. Despite the weak revenue growth, Aarti Drugs' stock continues to be in demand due to its strong financial performance and the share buyback.
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