Home / Markets / News / Dr Reddy's reclaims spot as India's 2nd most valuable pharma company

Dr Reddy's reclaims spot as India's 2nd most valuable pharma company

At 02:17 pm, Dr Reddy's Labs market cap stood at Rs 90,348 crore while that of Divi's Laboratories stood at Rs 89,119 crore, BSE data show

Premium

Dr Reddy's Labs rallied 14 per cent to hit an intra-day high of Rs 5,497 on the BSE

2 min read Last Updated : Sep 18 2020 | 2:47 PM IST

Dr Reddy's Laboratories reclaimed the tag of being the second most valuable listed pharmaceutical company after its share price surged 14 per cent on Friday, surpassing drugmaker Divi's Laboratories.

At 02:17 pm, Dr Reddy's Labs market cap stood at Rs 90,348 crore, while that of Divi's Laboratories was Rs 89,119 crore, BSE data shows. Both these stocks hit their respective highs on Friday. Sun Pharma is the most valued listed company of India with market cap of Rs 1.26 trillion.

Dr Reddy's Labs rallied 14 per cent to hit an intra-day high of Rs 5,497 after the company entered into a settlement

Topics : Buzzing stocks Dr Reddy's Labs Markets Divis Labs

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in