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Dr Reddys Laboratories Ltd rises for third straight session

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Capital Market
Last Updated : Oct 30 2018 | 1:17 PM IST

The stock is quoting at Rs 2569.85, up 1.46% on the day as on 12:49 IST on the NSE. Dr Reddys Laboratories Ltd is up 5.84% in last one year as compared to a 0.9% slide in NIFTY and a 2.2% slide in the Nifty Pharma index.

Dr Reddys Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 2569.85, up 1.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 10241.95. The Sensex is at 34060.62, down 0.02%. Dr Reddys Laboratories Ltd has gained around 2.44% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has gained around 4.91% in last one month and is currently quoting at 9590.4, down 0.51% on the day. The volume in the stock stood at 4.57 lakh shares today, compared to the daily average of 8.08 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 2575.05, up 1.1% on the day. Dr Reddys Laboratories Ltd is up 5.84% in last one year as compared to a 0.9% slide in NIFTY and a 2.2% slide in the Nifty Pharma index.

The PE of the stock is 36.64 based on TTM earnings ending September 18.

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First Published: Oct 30 2018 | 1:05 PM IST

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