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Divis Laboratories Ltd gains for five straight sessions

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Capital Market
Last Updated : Oct 14 2019 | 1:16 PM IST

Divis Laboratories Ltd is quoting at Rs 1693, up 0.18% on the day as on 12:44 IST on the NSE. The stock is up 30.26% in last one year as compared to a 8.08% gain in NIFTY and a 24.67% gain in the Nifty Pharma.

Divis Laboratories Ltd rose for a fifth straight session today. The stock is quoting at Rs 1693, up 0.18% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.5% on the day, quoting at 11361.55. The Sensex is at 38311.71, up 0.48%. Divis Laboratories Ltd has added around 2.93% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 8.77% in last one month and is currently quoting at 7278.45, up 1.16% on the day. The volume in the stock stood at 2.9 lakh shares today, compared to the daily average of 5.14 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1696.15, up 0.3% on the day. Divis Laboratories Ltd is up 30.26% in last one year as compared to a 8.08% gain in NIFTY and a 24.67% gain in the Nifty Pharma index.

The PE of the stock is 33.68 based on TTM earnings ending June 19.

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First Published: Oct 14 2019 | 1:00 PM IST

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