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Dr Reddys Laboratories Ltd spurts 0.63%, rises for fifth straight session

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Capital Market
Last Updated : Jan 22 2020 | 1:16 PM IST

Dr Reddys Laboratories Ltd is quoting at Rs 3079.7, up 0.63% on the day as on 12:44 IST on the NSE. The stock is up 16.36% in last one year as compared to a 12.02% jump in NIFTY and a 7.16% jump in the Nifty Pharma.

Dr Reddys Laboratories Ltd gained for a fifth straight session today. The stock is quoting at Rs 3079.7, up 0.63% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.29% on the day, quoting at 12133.95. The Sensex is at 41209.6, down 0.28%. Dr Reddys Laboratories Ltd has gained around 5.89% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has gained around 3.16% in last one month and is currently quoting at 8274.2, up 0.38% on the day. The volume in the stock stood at 3.68 lakh shares today, compared to the daily average of 4.45 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 3078.6, up 0.55% on the day. Dr Reddys Laboratories Ltd is up 16.36% in last one year as compared to a 12.02% jump in NIFTY and a 7.16% jump in the Nifty Pharma index.

The PE of the stock is 20.2 based on TTM earnings ending September 19.

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First Published: Jan 22 2020 | 1:00 PM IST

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