/ Merck Climbs 6% On Strong Q4 Results ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 4 May 2017

Shares of MerckBSE 2.63 % climbed nearly 6 per cent in Thursday’s trade after the company reported a 76.42 per cent jump in its net profit at Rs 14.82 crore for the March quarter. The company had posted a net profit of Rs 8.40 crore during the corresponding quarter of last year. 

Following the results, the stock jumped 5.86 per cent to hit a high of Rs 1,140 on BSE. In a filing to BSE, the company said its total income from operations rose 9.92 per cent to Rs 236.92 crore for the quarter, compared with Rs 215.54 crore in the same quarter last year. 

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