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Dr Reddys Laboratories Ltd slips for fifth straight session

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Capital Market

The stock is quoting at Rs 2464.35, down 0.38% on the day as on 13:19 IST on the NSE. Dr Reddys Laboratories Ltd jumped 4.92% in last one year as compared to a 0.89% slide in NIFTY and a 0.17% fall in the Nifty Pharma index.

Dr Reddys Laboratories Ltd is down for a fifth straight session today. The stock is quoting at 2464.35, down 0.38% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.56% on the day, quoting at 10203.85. The Sensex is at 34055.93, up 0.62%.Dr Reddys Laboratories Ltd has lost around 5.64% in last one month.Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has eased around 8.92% in last one month and is currently quoting at 9368.25, down 0.4% on the day. The volume in the stock stood at 5.51 lakh shares today, compared to the daily average of 8.01 lakh shares in last one month.

 

The benchmark October futures contract for the stock is quoting at Rs 2469.05, down 0.36% on the day. Dr Reddys Laboratories Ltd jumped 4.92% in last one year as compared to a 0.89% slide in NIFTY and a 0.17% fall in the Nifty Pharma index.

The PE of the stock is 45.48 based on TTM earnings ending June 18.

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First Published: Oct 24 2018 | 1:35 PM IST

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