Divi’s Laboratories saw a 5% surge in its shares on the BSE during Monday’s trading session, reaching a new 52-week high of Rs 4,335. This rise came as brokerages such as Motilal Oswal and InCred expressed bullish sentiment towards the stock, following the company’s impressive performance in Q4, where it reported a 68% year-on-year increase in profits, reaching Rs 538 crore.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 6, according to stockedge.com’s technical scan data.
February 7, 2025