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Dr Reddys Laboratories Ltd up for third straight session

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The stock is quoting at Rs 2388, up 4.81% on the day as on 12:49 IST on the NSE. Dr Reddys Laboratories Ltd is up 20.48% in last one year as compared to a 16.52% spurt in NIFTY and a 12.5% spurt in the Nifty Pharma index.

Dr Reddys Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 2388, up 4.81% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 11462.45. The Sensex is at 37934.33, up 0.22%. Dr Reddys Laboratories Ltd has risen around 15.61% in last one month.

 

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has risen around 9.38% in last one month and is currently quoting at 9481.15, up 2.51% on the day. The volume in the stock stood at 5.81 lakh shares today, compared to the daily average of 8.17 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2395, up 1.7% on the day. Dr Reddys Laboratories Ltd is up 20.48% in last one year as compared to a 16.52% spurt in NIFTY and a 12.5% spurt in the Nifty Pharma index.

The PE of the stock is 41.89 based on TTM earnings ending June 18.

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First Published: Aug 17 2018 | 1:05 PM IST

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