These stocks are performing well in a subdued trading session on Thursday!
Dr Lal PathLabs Ltd, Godrej Consumers and Hindustan Aeronautics are today’s mid-day movers gaining more than 2 per cent since the market opened.
Dr Lal PathLabs is a leading midcap service provider of diagnostic and related healthcare tests. On Tuesday it announced the usage of drones to transport blood samples. This will help them reach services of high-quality and advanced diagnostics to underserved and inaccessible locations. Thereafter the stock price saw a surge. Today, at 1:10 pm the stock is up by 2.48 per cent and is trading at Rs 2766.45.
Godrej Consumers Ltd is a largecap consumer goods company based in Mumbai, India. Today, the company said that even though the FMCG sector has been witnessing a slowdown for the past few months, Godrej Consumer Ltd has been successful in gaining market share in 85 per cent of its categories. This news has led to a price surge. Today, at 1:10 pm the stock is up by 4.64 per cent and is trading at Rs 787.35.
Hindustan Aeronautics Ltd is a state-owned aerospace and defence company, headquartered in Bengaluru, India. This Mid-Cap PSU has entered into an MoU with Israel Aerospace Industries (IAI) to convert Civil (Passenger) aircraft to Multi-Mission Tanker Transport (MMTT) aircraft in India. Under the pact signed recently, HAL will convert pre-owned Civil (Passenger) aircraft into air refuelling aircraft with cargo and transport capabilities. Yesterday, it also handed over its first set of Gaganyaan to ISRO. Due to this, today, at 1:10 pm, the stock is up by 2.12 per cent and is trading at Rs 1580.