Divi’s Laboratories shares spurt 10%, hit new life high amid this positive news – Check analyst’s view and target
The index heavyweight — Divi’s Laboratories shares spurted 10 per cent to hit a new all-time high of Rs 5,313.80 per share on the BSE intraday trade on Monday. The stock mainly jumped after the US-based pharma giant Merck & Co’s announcement of positive results of their antiviral pill trail.
Divi’s Lab makes the main ingredient of Merck & Co`s experimental antiviral pill – Molnupiravir: PTI