Dr Reddy's Lab jumps after reporting good Q1 results

Dr Reddy's Laboratories jumped 5.01% to Rs 3,899.30 at 15:00 IST on BSE after consolidated net profit rose 13.67% to Rs 625.65 crore on 6.62% rise in total income to Rs 3770.25 crore in Q1 June 2015 over Q1 June 2014.

The company announced results during market hours today, 30 July 2015.

Meanwhile, the S&P BSE Sensex was up 147.48 points or 0.56% at 27,717.80.

On BSE, so far 97,207 shares were traded in the counter as against average daily volume of 16,138 shares in the past one quarter.

The stock hit a high of Rs 3,915 and a low of Rs 3,721.05 so far during the day. The stock had hit a record high of Rs 3,960 on 23 July 2015. The stock had hit a 52-week low of Rs 2,711.90 on 11 August 2014.

The stock had outperformed the market over the past one month till 29 July 2015, rising 5.46% compared with Sensex's 0.3% decline. The scrip had also outperformed the market in past one quarter, gaining 9.96% as against Sensex's 1.24% gain.

The large-cap pharma company has equity capital of Rs 85.28 crore. Face value per share is Rs 5.

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