This quote of Vice Chairman of Berkshire Hathaway holds well on Indian pharma stock Divis Lab shares. Divis Lab share price historyDivis Lab shares got listed on 13th March and it had a close price of ₹9 on its debut at NSE. In just one year, the pharma stock rose up to ₹83.77 per stock mark — logging around 830 per cent rise in its share price in first year of its listing. However, if an investor had invested ₹20,000 on its debut and had remained invested in the stock throughout 18 years, ₹20,000 would have become ₹1.09 crore (including stock split, bonus and dividends announced by the company in this period). Divis Lab share price outlookSpeaking on Divis Lab share price target in short-term time-horizon Mudit Goel, Senior Research Analyst at SMC Global Securities said, "Divis Lab shares have recently given a breakout at ₹4600 and it has been sustaining above this levels.

Source: Mint July 27, 2021 05:10 UTC