The stock is currently trading at Rs1,311.95 up by Rs38.4 or 3.02% from its previous closing of Rs1,273.55 on the BSE.
"Healthcare Industry being into essential services has not been impacted by countrywide lockdown adversely. The operations at the company’s manufacturing facilities continued except for the period starting from March 24-29, 2020 when a majority of the employees could not reach to factory location because of restriction on the movement of manpower, unavailability of transportation etc. Subsequently, based on its product profile, the company was granted permissions to operate our manufacturing facilities, movement of critical workforce, materials, etc", informed the company.
"Due to scarcity of logistics facility supply of raw material and dispatches of finished goods were affected at initial stage of lockdown which has now improved and clocked close to normalcies. From the time of commencement of lockdown, the company has provided the Work from Home facility to employees of Mumbai Head office with necessary connectivity. All IT Security Protocols are in place and all systems are being monitored remotely".