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Divis Laboratories Ltd slips for fifth straight session

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Capital Market

The stock is quoting at Rs 1039.75, down 1.56% on the day as on 13:19 IST on the NSE. Divis Laboratories Ltd jumped 62.82% in last one year as compared to a 12.41% rally in NIFTY and a 2.07% fall in the Nifty Pharma index.

Divis Laboratories Ltd is down for a fifth straight session today. The stock is quoting at 1039.75, down 1.56% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.21% on the day, quoting at 10763.6. The Sensex is at 35499, up 0.19%.Divis Laboratories Ltd has lost around 4.9% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has increased around 15.02% in last one month and is currently quoting at 9198.8, up 0.9% on the day. The volume in the stock stood at 2.66 lakh shares today, compared to the daily average of 8.1 lakh shares in last one month.

 

The benchmark June futures contract for the stock is quoting at Rs 1043.1, down 1.34% on the day. Divis Laboratories Ltd jumped 62.82% in last one year as compared to a 12.41% rally in NIFTY and a 2.07% fall in the Nifty Pharma index.

The PE of the stock is 32.23 based on TTM earnings ending March 18.

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First Published: Jun 22 2018 | 1:35 PM IST

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