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Red flag goes up on diagnostic stock after Covid 2.0 lifted it 51% in 2 months

Red flag goes up on diagnostic stock after Covid 2.0 lifted it 51% in 2 months

The latest brokerage to give such a call is Nomura, which on Tuesday downgraded Dr Lal Pathlabs to ‘reduce’ rating with a price target of Rs 2,333, marking a 30 per cent downside. The stock fell almost 12 per cent for the day.


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16 April 2021, 07:18