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Akums Drugs shares hit second upper circuit, reach new high; here's why

Business Standard LogoBusiness Standard6h ago

Akums Drugs shares hit second upper circuit, reach new high; here's why - Business Standard

Quick Summary:

Akums Drugs and Pharmaceuticals extended their gains on Thursday, locking in a second consecutive 5 per cent upper circuit and hitting another new high at Rs 609.

Margins in this segment also declined to 15.4 per cent from 20 per cent a year earlier.

However, profit after tax (PAT) rose 9 per cent Y-o-Y to Rs 66.7 crore.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 11:57:58 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23731139

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 272 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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