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Dr Reddys Laboratories Ltd spurts 2.62%

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

Dr Reddys Laboratories Ltd is quoting at Rs 3226.6, up 2.62% on the day as on 12:49 IST on the NSE. The stock is up 14.36% in last one year as compared to a 9.01% spurt in NIFTY and a 7.73% spurt in the Nifty Pharma index.

Dr Reddys Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 3226.6, up 2.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.8% on the day, quoting at 11919.1. The Sensex is at 40585.64, up 1.79%. Dr Reddys Laboratories Ltd has risen around 12.08% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has risen around 1.66% in last one month and is currently quoting at 7967.55, up 1.91% on the day. The volume in the stock stood at 5.88 lakh shares today, compared to the daily average of 8.07 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 3231, up 2.73% on the day. Dr Reddys Laboratories Ltd is up 14.36% in last one year as compared to a 9.01% spurt in NIFTY and a 7.73% spurt in the Nifty Pharma index.

The PE of the stock is 19.8 based on TTM earnings ending December 19.

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First Published: Feb 04 2020 | 1:05 PM IST

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