Divi's Labs rise over 3 pc on strong Q4 numbers

Shares of drugmaker Divi's Laboratories rose as much as 3.15 percent on Monday after the company's January-March results beat street estimates, two dealers said.

The company on Friday clocked a 35.7 percent rise in consolidated net profit to 1.75 billion rupees as against the forecast of a decline to 1.04 billion rupees.

At 10:12 a.m., shares were trading at 750.70 rupees, up 3.22 percent in a weak Mumbai market.