Ajanta Pharma Q3 profit up 76% to Rs 33 cr, shares soar 20%

Healthcare firm Ajanta Pharma reported excellent earnings on Wednesday with the net profit growing 76.2 percent year-on-year to Rs 32.6 crore in the third quarter of financial year 2012-13.

Net sales rose by 37.5 percent to Rs 225.7 crore from Rs 164.2 crore during the same period.

Shares were locked at 20 percent upper circuit at Rs 490.65 on Bombay Stock Exchange at 12:20 hours IST.

There were pending buy orders of 50,662 shares, with no sellers available. Trading volumes jumped quite significantly to 5,60,306 equity shares as against five day average of 34,726 shares.

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