Shares of Jyothy Labs hit over four-year high of Rs 218 as they rallied 9 per cent on the BSE in Thursday's intra-day trade, bucking the overall market wakness. The stock was trading at its highest level since June 2018. It had hit a record high of Rs 249 on June 29, 2018. In comparison, the S&P BSE Sensex was down 0.61 per cent at 60,696 at 12:12 PM.
Jyothy Labs is primarily in home care and personal care segments which constitute 50 per cent of the Indian FMCG industry. The company operates across the fabric care, dish wash, household insecticides and personal care segments. Its six power brands - Ujala, Exo, Maxo, Henko, Margo and Pril - are