This small-cap stock gains by more than 30 per cent in just two days

The shares of Thyrocare Technologies have gained by almost 31.45 per cent in just two trading sessions. The stock has been buzzing since the second day of this week when it jumped by 14.10 per cent during Tuesday’s trading session.

The company announced that for Q2FY21, it has witnessed very positive growth and increased turnover of COVID PCR and COVID antibody testing with the revenue for Q2FY21 increasing by about 37 per cent compared to that in Q2FY20. Also, the company reported a huge surge in the revenue for Q2FY21 by 171 per cent thus, bouncing back from the low revenue posted for Q1FY21.

On Wednesday, the shares of Thyrocare Technologies made a fresh 52-week high of Rs 1,038.60 per share. The stock continues to gain from the pharma sector’s upward trend.

While the scrip gained by 35.07 per cent in a month, it has doubled by gaining around 101.79 per cent in the last one year.

Currently, the stock of the company is trading at Rs 1,011.15, up by 14.36 per cent or Rs 126.95 per share. It is one of the top gainers in BSE Small-Cap index.