Dr Lalpath Labs Contributes Rs. 1 Crore To PM CARES FUND

Dr. Lal PathLabs Limited (referred to as the “Company”; NSE: LALPATHLAB, BSE: 539524), a leading diagnostic and related healthcare service provider announced a donation of Rs. 1 crore to PM’s Citizen Assistance and Relief in Emergency Situation (PM CARES) to help the government in its fight against coronavirus.

Determined to fight this deadly virus attacking Indian residents, (Hony) Brig. Dr. Arvind Lal, Executive Chairman said, “The entire Dr. Lal PathLabs team is with the country in this critical hour. We wholeheartedly support the Prime Minister’s efforts to make India a Covid-19 free nation. This donation of Rs. 1 crore is a step towards strengthening the nation’s fight against this pandemic.”

Dr. Lal Path Labs is one of the diagnostic chain which has been approved by the Indian Government to perform Covid-19 testing at one of their facility in Delhi. Given their infrastructure of more than 200 satellite labs, more than 2500 collection centres and over 6400 direct pickup points, Dr Lal PathLabs has the capability of collecting samples from any part of the country and transporting it to Delhi for testing.

Shares of Dr. Lal PathLabs Ltd was last trading in BSE at Rs.1338.55 as compared to the previous close of Rs. 1384.4. The total number of shares traded during the day was 5267 in over 1006 trades.

The stock hit an intraday high of Rs. 1384.4 and intraday low of 1305.2. The net turnover during the day was Rs. 7070695.-Equity Bulls