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Dr Reddys Laboratories Ltd gains for five straight sessions

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Dr Reddys Laboratories Ltd is quoting at Rs 2753, up 0.14% on the day as on 12:49 IST on the NSE. The stock is up 8.85% in last one year as compared to a 2.96% fall in NIFTY and a 22.29% fall in the Nifty Pharma.

Dr Reddys Laboratories Ltd rose for a fifth straight session today. The stock is quoting at Rs 2753, up 0.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033.25. The Sensex is at 37320.22, up 0.47%. Dr Reddys Laboratories Ltd has added around 7.69% in last one month.

 

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has added around 2.84% in last one month and is currently quoting at 8077.9, down 0.03% on the day. The volume in the stock stood at 3.81 lakh shares today, compared to the daily average of 6.73 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 2756.55, up 0.25% on the day. Dr Reddys Laboratories Ltd is up 8.85% in last one year as compared to a 2.96% fall in NIFTY and a 22.29% fall in the Nifty Pharma index.

The PE of the stock is 30.51 based on TTM earnings ending June 19.

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First Published: Sep 11 2019 | 1:01 PM IST

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