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Divis Laboratories Ltd eases for fifth straight session

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Capital Market
Last Updated : May 28 2020 | 2:16 PM IST

Divis Laboratories Ltd is quoting at Rs 2257.1, down 1.45% on the day as on 13:24 IST on the NSE. The stock jumped 42.04% in last one year as compared to a 20.27% slide in NIFTY and a 11% spurt in the Nifty Pharma index.

Divis Laboratories Ltd fell for a fifth straight session today. The stock is quoting at Rs 2257.1, down 1.45% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 1.52% on the day, quoting at 9456.8. The Sensex is at 32135.12, up 1.68%.Divis Laboratories Ltd has eased around 4.76% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has increased around 0.35% in last one month and is currently quoting at 9463.7, down 0.48% on the day. The volume in the stock stood at 2.23 lakh shares today, compared to the daily average of 5.92 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 2259.65, down 1.11% on the day. Divis Laboratories Ltd jumped 42.04% in last one year as compared to a 20.27% slide in NIFTY and a 11% spurt in the Nifty Pharma index.

The PE of the stock is 47.9 based on TTM earnings ending December 19.

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First Published: May 28 2020 | 1:35 PM IST

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