Dr.Reddy's in good health
By
Research Desk
about 11 years ago
Dr.Reddy’s Labs is doing very well today morning. The stock is up over 3.5% at Rs.2137 and the stock, on 13th May had hit a new 52-week high at Rs.2150.90.
The stock is up in the green after the company posted a good set of numbers for Q4FY13. The company’s PAT at Rs.570 crore, which was 17% of revenues, with a 67% (YoY). Consolidated revenues of Rs.3340 crore rose 26%. EBIDTA grew 37%. During the quarter, the company launched 18 new generic products, filed 14 new product registrations and filed 17 DMFs globally.