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Divis Laboratories Ltd in demand

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Capital Market
Last Updated : Mar 23 2021 | 1:31 PM IST

Divis Laboratories Ltd is quoting at Rs 3474, up 2% on the day as on 12:49 IST on the NSE. The stock is up 80.94% in last one year as compared to a 89.48% jump in NIFTY and a 79.57% jump in the Nifty Pharma index.

Divis Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 3474, up 2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 14781.45. The Sensex is at 49997.66, up 0.45%. Divis Laboratories Ltd has slipped around 0.17% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has slipped around 1.37% in last one month and is currently quoting at 11850.75, up 0.17% on the day. The volume in the stock stood at 3.72 lakh shares today, compared to the daily average of 7.37 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 3472.85, up 1.87% on the day. Divis Laboratories Ltd is up 80.94% in last one year as compared to a 89.48% jump in NIFTY and a 79.57% jump in the Nifty Pharma index.

The PE of the stock is 48.66 based on TTM earnings ending December 20.

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First Published: Mar 23 2021 | 1:05 PM IST

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