Divi’s Labs Shares Jump 6% on Strong Q4 Earnings, API Recovery

Divi’s Laboratories surged nearly 6% on May 19 after posting a 23% YoY rise in Q4 net profit to ₹662 crore, led by API segment recovery. Revenue grew 12.2% to ₹2,585 crore. Brokerages remain optimistic, citing CDMO strength and margin expansion, with targets as high as ₹7,275.