Meanwhile, the S&P BSE Sensex was down by 792.82 points, or 2.01% to 38,720.57.

On the BSE, 64,000 shares were traded in the counter so far compared with average daily volumes of 4999 shares in the past two weeks. The stock had hit a high of Rs 1147 and a low of Rs 1067.50 so far during the day. It hit a 52-week high of Rs 1,180.05 on 24 June 2019 and a 52-week low of Rs 817 on 19 November 2018.

Shares of Dr. Lal PathLabs jumped 7.92% in four trading sessions to its current market price of 1135.80, from its close of Rs 1052.40 on 2 July 2019.

On a consolidated basis, Dr. Lal PathLabs's net profit rose 17.8% to Rs 47.10 crore on a 12.9% rise in the net sales to Rs 301.10 crore in Q4 March 2019 over Q4 March 2018.

Dr. Lal PathLabs provides diagnostic and related healthcare tests and services in India.