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Divis Laboratories Ltd drops for fifth straight session

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Divis Laboratories Ltd is quoting at Rs 4558.3, down 1.01% on the day as on 13:24 IST on the NSE. The stock jumped 22.13% in last one year as compared to a 29.86% rally in NIFTY and a 7.81% spurt in the Nifty Pharma index.

Divis Laboratories Ltd fell for a fifth straight session today. The stock is quoting at Rs 4558.3, down 1.01% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.19% on the day, quoting at 17502.7. The Sensex is at 58809.19, up 0.27%.Divis Laboratories Ltd has eased around 7.08% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 3.59% in last one month and is currently quoting at 13433.85, down 0.17% on the day. The volume in the stock stood at 4.78 lakh shares today, compared to the daily average of 4.97 lakh shares in last one month.

 

The benchmark December futures contract for the stock is quoting at Rs 4590.6, down 0.84% on the day. Divis Laboratories Ltd jumped 22.13% in last one year as compared to a 29.86% rally in NIFTY and a 7.81% spurt in the Nifty Pharma index.

The PE of the stock is 58.02 based on TTM earnings ending September 21.

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First Published: Dec 09 2021 | 1:35 PM IST

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