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Dr Reddys Laboratories Ltd drops for fifth straight session

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Dr Reddys Laboratories Ltd is quoting at Rs 3891.55, down 1.47% on the day as on 13:24 IST on the NSE. The stock jumped 32.65% in last one year as compared to a 19.19% slide in NIFTY and a 0.11% spurt in the Nifty Pharma index.

Dr Reddys Laboratories Ltd fell for a fifth straight session today. The stock is quoting at Rs 3891.55, down 1.47% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 1.21% on the day, quoting at 9494.1. The Sensex is at 32539.53, up 1.32%.Dr Reddys Laboratories Ltd has gained around 29.97% in last one month.Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has increased around 36.5% in last one month and is currently quoting at 9386.2, up 0.28% on the day. The volume in the stock stood at 6.63 lakh shares today, compared to the daily average of 15.9 lakh shares in last one month.

 

The benchmark April futures contract for the stock is quoting at Rs 3894.85, down 1.49% on the day. Dr Reddys Laboratories Ltd jumped 32.65% in last one year as compared to a 19.19% slide in NIFTY and a 0.11% spurt in the Nifty Pharma index.

The PE of the stock is 24.88 based on TTM earnings ending December 19.

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First Published: Apr 29 2020 | 1:35 PM IST

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