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Divis Laboratories Ltd up for third straight session

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Capital Market

The stock is quoting at Rs 1432.3, up 14.05% on the day as on 12:49 IST on the NSE. Divis Laboratories Ltd is up 64.09% in last one year as compared to a 2.1% drop in NIFTY and a 2.4% drop in the Nifty Pharma index.

Divis Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 1432.3, up 14.05% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.15% on the day, quoting at 10145.75. The Sensex is at 33774.26, up 1.27%. Divis Laboratories Ltd has risen around 8.54% in last one month.

 

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has risen around 5.12% in last one month and is currently quoting at 9115.1, up 4.45% on the day. The volume in the stock stood at 43.77 lakh shares today, compared to the daily average of 9.05 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 1437.6, up 14.39% on the day. Divis Laboratories Ltd is up 64.09% in last one year as compared to a 2.1% drop in NIFTY and a 2.4% drop in the Nifty Pharma index.

The PE of the stock is 34.71 based on TTM earnings ending June 18.

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First Published: Oct 29 2018 | 1:05 PM IST

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