Tag: Aarti Drugs

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.