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Divis Laboratories Ltd slips for fifth straight session

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The stock is quoting at Rs 1041.7, down 0.55% on the day as on 13:29 IST on the NSE. Divis Laboratories Ltd jumped 68.44% in last one year as compared to a 10.94% rally in NIFTY and a 11.35% fall in the Nifty Pharma index.

Divis Laboratories Ltd is down for a fifth straight session today. The stock is quoting at 1041.7, down 0.55% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.24% on the day, quoting at 10709.85. The Sensex is at 35262.83, down 0.17%.Divis Laboratories Ltd has lost around 12.37% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 8.45% in last one month and is currently quoting at 8220.25, down 0.2% on the day. The volume in the stock stood at 3.8 lakh shares today, compared to the daily average of 5.61 lakh shares in last one month.

 

The benchmark June futures contract for the stock is quoting at Rs 1044.4, down 0.96% on the day. Divis Laboratories Ltd jumped 68.44% in last one year as compared to a 10.94% rally in NIFTY and a 11.35% fall in the Nifty Pharma index.

The PE of the stock is 32.1 based on TTM earnings ending March 18.

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First Published: Jun 01 2018 | 1:35 PM IST

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