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Divis Laboratories Ltd spurts nearly 3%

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Capital Market

The stock is quoting at Rs 1081.4, up 2.95% on the day as on 12:49 IST on the NSE. Divis Laboratories Ltd is up 65.09% in last one year as compared to a 11.37% spurt in NIFTY and a 2.35% spurt in the Nifty Pharma index.

Divis Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 1081.4, up 2.95% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 10705.9. The Sensex is at 35419.72, up 0.44%. Divis Laboratories Ltd has risen around 3.27% in last one month.

 

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has risen around 13.27% in last one month and is currently quoting at 9133.9, up 1.76% on the day. The volume in the stock stood at 6.4 lakh shares today, compared to the daily average of 7.44 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1086.35, up 3.27% on the day. Divis Laboratories Ltd is up 65.09% in last one year as compared to a 11.37% spurt in NIFTY and a 2.35% spurt in the Nifty Pharma index.

The PE of the stock is 31.96 based on TTM earnings ending March 18.

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First Published: Jul 03 2018 | 1:05 PM IST

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