India's Thyrocare Technologies jumps on Q1 profit jump

Thyrocare Technologies

24/07/2024 06:54

** Shares of Thyrocare Technologies  THYO.NS  gain 10% in
heavy trading, set for third straight session of gain
    ** Diagnostics firm reported ~40% Y/Y climb in Q1 consol net
profit on strong testing demand; rev from ops climbed 16% Y/Y
    ** Trading volume more than 8x the 30-day moving average
    ** Stock up 11% YTD vs bigger rival Dr. Lal PathLabs'
 DLPA.NS  ~17% rise
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))