India's Vijaya Diagnostic set for worst day in over 7 wks on Q3 profit fall

Dr. Lal PathLabs

13/02/2023 09:33

** Shares of Vijaya Diagnostic Centre Ltd  VIJA.NS  fall as
much as 5.5% to 416.90 rupees, their biggest intraday pct drop
since Dec. 22
    ** VIJA reports 35.3% drop in Q3 consolidated net profit as
revenue remains flat and expenses rise 18%
    ** Diagnostic services firm's results in line with rivals
Dr. Lal Pathlabs Ltd  DLPA.NS  and Metropolis Healthcare Ltd
 METP.NS 
    ** Medical diagnostic firms have seen COVID income shrink
over past few quarters
    ** More than 131,000 shares change hands by 2:55 p.m. IST,
1.1x their 30-day avg volume
    ** Stock up 0.9% so far this year
 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))