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Deal▲ Bullish for Dr Lal PathLabs
Dr Lal PathLabs to buy 70% of SN Genelab; reports differ on deal value
The brief
- Dr Lal PathLabs will acquire a **70% stake** in SN Genelab
- Reports put the deal value at **₹168 crore** and ₹200 crore
- The genomics expansion matters for Dr Lal PathLabs’ diagnostics business and shareholders
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| LALPATHLAB | Fri, 25 Sept | −0.5% | −0.8% | 1.5× | −0.5% · Nifty +0.3% |
✗ Classifier read this as positive; LALPATHLAB fell 0.8% against the Nifty on the day it traded.