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Shares of Natco Pharma continued gaining streak and rose over 3 percent, hitting 52-week high, on the Bombay stock Exchange after the drug maker reported a nearly three-fold growth in consolidated net profit at Rs 176 crore in Q4FY17 compared to Rs 63 crore posted in the year ago period.
Extending its rally, shares of the company gained as much as 3.09 per cent to hit 52-week high of Rs 1054.00 apiece on the Bombay Stock Exchange. The scrip was currently trading at Rs 1048.95 against previous close price of Rs 1022.35.
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