Shares of Neuland Laboratories hit a new high of Rs 2,425 as it rallied 6 per cent on the BSE in intra-day trade on Tuesday. The stock has surged 16 per cent in the past three trading days. Thus far in the calendar year 2021, the stock of the pharmaceutical company has zoomed 121 per cent as compared to a 3 per cent rise in the S&P BSE Sensex. Chennai-based ace investor Dolly Khanna acquired 161,336 equity shares, representing a 1.26 per cent stake, in Neuland Laboratories during the quarter ended March 2021 (Q4FY21), according to the shareholding pattern filed by the company. Dolly Khanna held nil or less than one per cent stake in Neuland Laboratories at the end of the December quarter.