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Dr Reddys Laboratories Ltd gains for third straight session

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Capital Market
Last Updated : May 29 2020 | 1:51 PM IST

Dr Reddys Laboratories Ltd is quoting at Rs 4001, up 2.91% on the day as on 12:54 IST on the NSE. The stock is up 50.84% in last one year as compared to a 20.6% slide in NIFTY and a 14.07% slide in the Nifty Pharma index.

Dr Reddys Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 4001, up 2.91% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 9485.55. The Sensex is at 32082.66, down 0.37%. Dr Reddys Laboratories Ltd has gained around 1.64% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has gained around 3.64% in last one month and is currently quoting at 9464.5, up 2.14% on the day. The volume in the stock stood at 8.95 lakh shares today, compared to the daily average of 12.94 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 3995, up 3.28% on the day. Dr Reddys Laboratories Ltd is up 50.84% in last one year as compared to a 20.6% slide in NIFTY and a 14.07% slide in the Nifty Pharma index.

The PE of the stock is 22 based on TTM earnings ending March 20.

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First Published: May 29 2020 | 1:05 PM IST

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