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Divis Laboratories Ltd stays supported

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Capital Market
Last Updated : Aug 04 2020 | 1:16 PM IST

Divis Laboratories Ltd is quoting at Rs 2644.35, up 0.1% on the day as on 12:49 IST on the NSE. The stock is up 67.62% in last one year as compared to a 1.73% gain in NIFTY and a 43.18% gain in the Nifty Pharma.

Divis Laboratories Ltd rose for a fifth straight session today. The stock is quoting at Rs 2644.35, up 0.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.46% on the day, quoting at 11050.1. The Sensex is at 37539.74, up 1.62%. Divis Laboratories Ltd has added around 22.36% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 12.91% in last one month and is currently quoting at 11128.4, up 0.46% on the day. The volume in the stock stood at 6.97 lakh shares today, compared to the daily average of 13.57 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2652, up 0.05% on the day. Divis Laboratories Ltd is up 67.62% in last one year as compared to a 1.73% gain in NIFTY and a 43.18% gain in the Nifty Pharma index.

The PE of the stock is 50.9 based on TTM earnings ending March 20.

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First Published: Aug 04 2020 | 1:00 PM IST

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