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Dr Reddys Laboratories Ltd spurts 2.31%, rises for third straight session

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Capital Market

The stock is quoting at Rs 2225.95, up 2.31% on the day as on 12:49 IST on the NSE. Dr Reddys Laboratories Ltd is down 4.22% in last one year as compared to a 12.77% gain in NIFTY and a 1.89% gain in the Nifty Pharma index.

Dr Reddys Laboratories Ltd rose for a third straight session today. The stock is quoting at Rs 2225.95, up 2.31% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.48% on the day, quoting at 11291.95. The Sensex is at 37321.17, down 0.53%. Dr Reddys Laboratories Ltd has dropped around 2.1% in last one month.

 

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has dropped around 2.02% in last one month and is currently quoting at 9301.7, up 2.28% on the day. The volume in the stock stood at 6.35 lakh shares today, compared to the daily average of 10.68 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2238, up 2.67% on the day. Dr Reddys Laboratories Ltd is down 4.22% in last one year as compared to a 12.77% gain in NIFTY and a 1.89% gain in the Nifty Pharma index.

The PE of the stock is 39.91 based on TTM earnings ending June 18.

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First Published: Aug 02 2018 | 1:05 PM IST

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