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Ipca Lab spurts on reporting over 58% rise in Q3 net profit

28 Jan 2014 Evaluate

Ipca Laboratories is currently trading at Rs. 787.00, up by 18.60 points or 2.42 % from its previous closing of Rs. 768.40 on the BSE.

The scrip opened at Rs. 774.45 and has touched a high and low of Rs. 802.00 and Rs. 765.15 respectively. So far 45772 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 802.00 on 28-Jan-2014 and a 52 week low of Rs. 462.30 on 15-Feb-2013.

Last one week high and low of the scrip stood at Rs. 780.00 and Rs. 750.00 respectively. The current market cap of the company is Rs. 9904.74 crore.

The promoters holding in the company stood at 45.89 % while Institutions and Non-Institutions held 37.39 % and 16.72 % respectively.

Ipca Laboratories has reported 58.28% rise in its net profit at Rs 139.12 crore for third quarter ended December 31, 2013 as compared to Rs 87.89 crore for the same quarter in the previous year. Total income from operations of the company has increased by 18.91% at Rs 838.37crore for quarter under review as compared to Rs 704.99 crore for the quarter ended December 31, 2012.

IPCA Laboratories is engaged in manufacturing of active pharmaceutical ingredients and formulations. It operates in 110 countries and its export accounts for 50% of the company’s income. Worldwide the company is one of the largest suppliers of APIs and intermediates. The company holds leadership position in Anti-malarial and Rheumatoid Arthritis area.

Ipca Laboratories Share Price

1551.75 -6.15 (-0.39%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1847.30
Dr. Reddys Lab 1293.25
Cipla 1347.70
Zydus Lifesciences 938.90
Lupin 2377.90
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