Merck up 5% as Jul-Sep PAT up 11.2% on year

India Infoline News Service | Mumbai | November 15, 2017 12:18 IST

The company's total revenue from operations was at Rs 3.1 billion during the quarter as against Rs 2.8 billion a year ago.

Merck
Shares of Merck rose over 5%, touching their one-month high mark as the company posted an 11.2% on-year rise in its net profit to Rs 316.9 million for Jul-Sep.

The company's total revenue from operations was at Rs 3.1 billion during the quarter as against Rs 2.8 billion a year ago. Operating margin of the company expanded to 18.11% in Jul-Sep from 17.28% in the same period a year ago.

So far in 2017, the stock has gained over 17%. The stock rose for the third consecutive session today and so far gained over 9% during the period. 
Merck Ltd is currently trading at Rs 1170, up by Rs 21.15 or 1.84% from its previous closing of Rs 1148.85 on the BSE. The scrip opened at Rs 1186.55 and has touched a high and low of Rs 1205 and Rs 1159.7 respectively. The current market cap of the company is Rs 1907.09 crore.
BSE 1,170.10 [5.85] ([0.50]%)

***Note: This is a NSE Chart

 

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