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Divis Laboratories Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 1247.5, down 2.34% on the day as on 13:19 IST on the NSE. Divis Laboratories Ltd jumped 40.78% in last one year as compared to a 2.96% rally in NIFTY and a 0.27% fall in the Nifty Pharma index.

Divis Laboratories Ltd fell for a fifth straight session today. The stock is quoting at 1247.5, down 2.34% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.34% on the day, quoting at 10313. The Sensex is at 34449.72, down 0.07%.Divis Laboratories Ltd has eased around 2.45% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 9.02% in last one month and is currently quoting at 9505.8, down 0.01% on the day. The volume in the stock stood at 5.4 lakh shares today, compared to the daily average of 12.71 lakh shares in last one month.

 

The benchmark October futures contract for the stock is quoting at Rs 1256.65, down 2.2% on the day. Divis Laboratories Ltd jumped 40.78% in last one year as compared to a 2.96% rally in NIFTY and a 0.27% fall in the Nifty Pharma index.

The PE of the stock is 35.38 based on TTM earnings ending June 18.

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First Published: Oct 09 2018 | 1:35 PM IST

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