Molbio Diagnostics shares rally 30% in 2 days, jump 80% since debut. What lies ahead?

Molbio Diagnostics shares surged 16% on Thursday to Rs 1,456 apiece on the NSE, extending gains for a second straight session and taking the stock’s rally to nearly 30% in two days.

The stock has now climbed around 80% from its IPO price of Rs 810, after making a strong market debut in August with a 21% premium at Rs 980.

Also read | Molbio Diagnostics shares list at 21% premium over IPO price on BSE, NSE


Molbio Diagnostics' Rs 940 crore IPO, which comprised a fresh issue of 25 lakh shares worth Rs 200 crore and an offer for sale (OFS) of 92 lakh shares valued at Rs 739.70 crore, was subscribed more than 70 times during the three-day bidding period.

Molbio Diagnostics is a global molecular diagnostics company engaged in developing, manufacturing, and commercialising rapid diagnostic solutions for infectious and non-communicable diseases.

Should you buy, sell or hold Molbio Diagnostics shares?

Molbio Diagnostics’ leadership in molecular diagnostics, expansion-led growth strategy and attractive industry prospects support the investment case, Shivani Nyati, Head of Wealth at Swastika Investmart, had said after the debut. While the listing valuation remains reasonable relative to peers, investors should remain disciplined following the sharp initial gain, the analyst had said, maintaining her positive view on the stock.

“The company enjoys a strong leadership position in the molecular diagnostics segment, supported by a scalable device-and consumables business model, favorable industry tailwinds, significant growth headroom, and strategic acquisitions,” Geojit Investments had said in its IPO note. It had a ‘Subscribe’ rating for the IPO for investors with a medium- to long-term investment horizon, backed by robust fundamentals and a positive long-term outlook.

Molbio Diagnostics Q1 earnings

Earlier this week, Molbio Diagnostics posted a profit of Rs 52.74 crore for the first quarter of FY27, as against a net loss of Rs 23.94 crore in the year-ago period. Total income of the firm stood at Rs 411.48 crore in the quarter under review, from Rs 100.47 crore reported in the corresponding quarter of the previous financial year.

“Following our listing on August 17, 2026, deployment of the net issue proceeds is underway across capex for automation and building our R&D facility in Bengaluru. We remain focused on disciplined execution, sustained R&D intensity and improving cash flow quality as our international and acquired businesses scale,” said Molbio Diagnostics CEO Sriram Natarajan.

Also read | Molbio Diagnostics posts Rs 52.7 cr profit in Q1

(With inputs from agencies)

(Disclosure: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The EconomicTimes Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment.)