Dr Lal PathLabs Shares Soar Over 50% in Blockbuster Debut

Shares of diagnostic chain Dr Lal PathLabs jumped over 53 per cent on Wednesday in blockbuster debut. Dr Lal PathLabs shares rose to an intraday high of Rs 843.70 on the National Stock Exchange as compared to the issue price of Rs 550. Dr Lal PathLabs' initial public offer (IPO) was a big success, with the issue getting subscribed 33.41 times. Dr Lal PathLabs' IPO was not only a big hit among institutional investors, but more import...