Divi's Lab surges after December quarter earnings beat

Shares in Divi's Laboratories jumped as much as 5.6 per cent to hit an all-time high after its December-quarter earnings beat estimates, dealers said.

The company on Monday reported a 51.84 per cent increase in its standalone net profit at Rs 219 crore for the October-December quarter.

Divi's shares rose 4.6 per cent to Rs 1,373 rupees after hitting a high of Rs 13,87.

Copyright: Thomson Reuters 2014