Stocks to Watch, 27 October: Stocks like Kotak Mahindra Bank, Dr Reddy's Laboratories, SBI Life Insurance Company, Coforge, eClerx Services, Zydus Lifesciences, TGV Sraac, NCC,GPT Infraprojects, Epack Prefab Technologies, Vikran Engineering, RailTel Corporation of India, and Indian Oil Corporation will be in focus on October 27.
Om Manchanda, managing director of Lal PathLabs, is moving on to an advisory role after steering the company for close to two decades
Dr Lal PathLabs stock has been losing for the last two days and has fallen 7.34 percent in the period.
The company had reported a profit after tax of Rs 84 crore in the April-June quarter of the last fiscal
New-age players, in spite of cutting down on discounts, are seeing significantly higher revenue growth than incumbents.
Dr Lal PathLabs shares were trading at Rs 2,234.65, up nearly 5 percent from the previous close. The revised price target implies an upside of 8 percent from March 22 closing
Bonanza Portfolio’s Omkar Kamtekar recommended investors buy into Dr Lal Path Labs, PCBL and Aavas Financers during the market downturn.
Business volumes lagged expectations as patient footfalls are largely unchanged in Q1 FY24 from year ago period