Divis Laboratories Ltd drops for fifth straight session

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Capital Market
Last Updated : Dec 23 2019 | 1:50 PM IST

Divis Laboratories Ltd is quoting at Rs 1817.05, down 0.05% on the day as on 13:19 IST on the NSE. The stock jumped 25.56% in last one year as compared to a 14.87% rally in NIFTY and a 7.75% fall in the Nifty Pharma index.

Divis Laboratories Ltd fell for a fifth straight session today. The stock is quoting at Rs 1817.05, down 0.05% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.18% on the day, quoting at 12249.1. The Sensex is at 41539.84, down 0.34%.Divis Laboratories Ltd has gained around 3% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 1.97% in last one month and is currently quoting at 8049.45, up 0% on the day. The volume in the stock stood at 1.8 lakh shares today, compared to the daily average of 5.54 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 1818.7, down 0.18% on the day. Divis Laboratories Ltd jumped 25.56% in last one year as compared to a 14.87% rally in NIFTY and a 7.75% fall in the Nifty Pharma index.

The PE of the stock is 37.47 based on TTM earnings ending September 19.

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First Published: Dec 23 2019 | 1:35 PM IST

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