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Divis Laboratories Ltd enjoys sustained upmove

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Capital Market
Last Updated : Oct 18 2021 | 1:50 PM IST

Divis Laboratories Ltd is quoting at Rs 5383.5, up 0.21% on the day as on 12:49 IST on the NSE. The stock is up 74.03% in last one year as compared to a 56.16% gain in NIFTY and a 26.41% gain in the Nifty Pharma.

Divis Laboratories Ltd rose for a fifth straight session today. The stock is quoting at Rs 5383.5, up 0.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.1% on the day, quoting at 18540.75. The Sensex is at 61942.75, up 1.04%. Divis Laboratories Ltd has added around 5.35% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 4.16% in last one month and is currently quoting at 14728.65, down 0.3% on the day. The volume in the stock stood at 3.72 lakh shares today, compared to the daily average of 5.88 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 5385.05, up 0.09% on the day. Divis Laboratories Ltd is up 74.03% in last one year as compared to a 56.16% gain in NIFTY and a 26.41% gain in the Nifty Pharma index.

The PE of the stock is 70.82 based on TTM earnings ending June 21.

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First Published: Oct 18 2021 | 1:00 PM IST

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