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Divis Laboratories Ltd soars 3.43%, Gains for third straight session

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Capital Market

The stock is quoting at Rs 1375.2, up 3.43% on the day as on 12:49 IST on the NSE. Divis Laboratories Ltd is up 64.91% in last one year as compared to a 12.4% gain in NIFTY and a 13.49% gain in the Nifty Pharma index.

Divis Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 1375.2, up 3.43% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.89% on the day, quoting at 11412.5. The Sensex is at 37693.61, down 1.04%. Divis Laboratories Ltd has added around 10.31% in last one month.

 

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 8.17% in last one month and is currently quoting at 10652.85, down 0.5% on the day. The volume in the stock stood at 30.15 lakh shares today, compared to the daily average of 12.43 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1373, up 3.11% on the day. Divis Laboratories Ltd is up 64.91% in last one year as compared to a 12.4% gain in NIFTY and a 13.49% gain in the Nifty Pharma index.

The PE of the stock is 36.8 based on TTM earnings ending June 18.

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First Published: Sep 17 2018 | 1:05 PM IST

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