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Divis Laboratories Ltd spurts 2.84%

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Capital Market
Last Updated : Jul 31 2020 | 1:31 PM IST

Divis Laboratories Ltd is quoting at Rs 2635.1, up 2.84% on the day as on 12:54 IST on the NSE. The stock is up 63.13% in last one year as compared to a 0.82% gain in NIFTY and a 40.99% gain in the Nifty Pharma index.

Divis Laboratories Ltd rose for a third straight session today. The stock is quoting at Rs 2635.1, up 2.84% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.29% on the day, quoting at 11070.5. The Sensex is at 37605.17, down 0.35%. Divis Laboratories Ltd has added around 17.57% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 12.4% in last one month and is currently quoting at 10766.05, up 3.18% on the day. The volume in the stock stood at 21.4 lakh shares today, compared to the daily average of 13.49 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2640.25, up 2.94% on the day. Divis Laboratories Ltd is up 63.13% in last one year as compared to a 0.82% gain in NIFTY and a 40.99% gain in the Nifty Pharma index.

The PE of the stock is 49.53 based on TTM earnings ending March 20.

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First Published: Jul 31 2020 | 1:05 PM IST

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