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Divis Laboratories Ltd soars 1.24%, up for third straight session

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Capital Market

Divis Laboratories Ltd is quoting at Rs 1653.65, up 1.24% on the day as on 12:49 IST on the NSE. The stock is up 21.07% in last one year as compared to a 5.14% gain in NIFTY and a 22.55% gain in the Nifty Pharma index.

Divis Laboratories Ltd rose for a third straight session today. The stock is quoting at Rs 1653.65, up 1.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.88% on the day, quoting at 11541.4. The Sensex is at 38865.95, up 0.71%. Divis Laboratories Ltd has added around 3.77% in last one month.

 

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 0.06% in last one month and is currently quoting at 7789.7, up 0.35% on the day. The volume in the stock stood at 2.04 lakh shares today, compared to the daily average of 5.15 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1654.05, up 1.3% on the day. Divis Laboratories Ltd is up 21.07% in last one year as compared to a 5.14% gain in NIFTY and a 22.55% gain in the Nifty Pharma index.

The PE of the stock is 32.45 based on TTM earnings ending June 19.

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First Published: Sep 26 2019 | 1:05 PM IST

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