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Divis Laboratories Ltd spurts 1.71%, gains for five straight sessions

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Capital Market

Divis Laboratories Ltd is quoting at Rs 1980, up 1.71% on the day as on 12:44 IST on the NSE. The stock is up 31.72% in last one year as compared to a 14.07% gain in NIFTY and a 3.13% gain in the Nifty Pharma.

Divis Laboratories Ltd rose for a fifth straight session today. The stock is quoting at Rs 1980, up 1.71% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.78% on the day, quoting at 12150.4. The Sensex is at 41275.33, up 0.75%. Divis Laboratories Ltd has added around 7.07% in last one month.

 

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 4.68% in last one month and is currently quoting at 8420.25, up 0.49% on the day. The volume in the stock stood at 5.34 lakh shares today, compared to the daily average of 3.25 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1978.05, up 1.62% on the day. Divis Laboratories Ltd is up 31.72% in last one year as compared to a 14.07% gain in NIFTY and a 3.13% gain in the Nifty Pharma index.

The PE of the stock is 40.07 based on TTM earnings ending September 19.

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First Published: Jan 29 2020 | 1:00 PM IST

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