Markets were down today, the scrip that is to be looked into is lal Path labs The scrips was 1121.45 at BSE and 1118.50 on the nse. The scrip is doing well in spite of the markets going down, and many scrips falling. Lal Path labs was quoting 1067 in august 27 2018. The diagnostic lab overheads are low. They have labs in many areas with a single person operating, and the samples are sent to one centre. They also collect samples from the patients house.
The scrip has great potential as the people visiting diagnostic labs are more. Lal Path labs is able to compete with competition from other labs, as there overheads are low and many centres are there. the house collection and giving reports on the internet is a point. This reduces there price of a diagnosis. The other scrips are City Union Bank which is INR 200 which has dropped and Heidelberg cement quoting around INR 186.One can accumulate these stocks except Lal Path Labs around inr 1070.