MedPlus Health Services shares jump 20%, hits upper circuit; Here’s why
1 year, 6 months ago

MedPlus Health Services shares jump 20%, hits upper circuit; Here’s why

Live Mint  

MedPlus Health Services shares were locked in 20% upper circuit during the Friday's trade. The stock surged over 16% on the early trade after the omnichannel retail pharmacy reported a two-fold increase in fourth-quarter earnings on Thursday, led by robust sales in its primary retail division. Medplus Health Services share price opened at ₹689.85 apiece on BSE. The retail division's sales, which makes up almost half of the total revenue, increased by about 29% to ₹1,241 crore due to new product launches and increased production of already-existing products.

History of this topic

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