DR. LAL PATH LABS LTD.

Breakout shares to keep on rader on monday

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As the rally in the broader markets continued on Friday, the next week could be another cheerful period for bulls. Here are 2 stocks that turned eyeballs on Friday and should be kept on the watchlist for the coming week.
‏Dr Lal PathLabs Ltd (NS:DLPA) is a famous diagnostics chain in India, having a market capitalization of INR15,814 crores. FIIs hold a sizable 24.89% stake in the company which has risen from 23.44% in March 2022. The stock jumped 7.06% to INR 2,040.9 on Friday, as it crossed an important hurdle of INR 2,000 and that too while giving a closing on the weekly chart. The volume on the breakout day was also high, at over 772.7K shares, which was the highest one-day volume in 2023 so far.

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