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Dr Reddys Laboratories Ltd soars 0.8%, up for fifth straight session

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Capital Market

The stock is quoting at Rs 2383, up 0.8% on the day as on 12:44 IST on the NSE. Dr Reddys Laboratories Ltd is up 23.4% in last one year as compared to a 18.47% spurt in NIFTY and a 15.17% spurt in the Nifty Pharma.

Dr Reddys Laboratories Ltd gained for a fifth straight session today. The stock is quoting at Rs 2383, up 0.8% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 11556.45. The Sensex is at 38294.18, up 0.91%. Dr Reddys Laboratories Ltd has risen around 16.72% in last one month.

 

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has risen around 9.41% in last one month and is currently quoting at 9693.85, up 0.87% on the day. The volume in the stock stood at 2.5 lakh shares today, compared to the daily average of 8.1 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2390, up 0.72% on the day. Dr Reddys Laboratories Ltd is up 23.4% in last one year as compared to a 18.47% spurt in NIFTY and a 15.17% spurt in the Nifty Pharma index.

The PE of the stock is 43.44 based on TTM earnings ending June 18.

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First Published: Aug 20 2018 | 1:00 PM IST

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