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Divis Laboratories Ltd gains for third straight session

Capital Market 

Divis Laboratories Ltd is quoting at Rs 1630.55, up 1% on the day as on 12:54 IST on the NSE. The stock is up 51.73% in last one year as compared to a 5.69% jump in NIFTY and a 7.4% jump in the Nifty Pharma index.

Divis Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 1630.55, up 1% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 11634.05. The Sensex is at 39061.92, up 0.42%. Divis Laboratories Ltd has gained around 5.85% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has gained around 3.65% in last one month and is currently quoting at 8231.85, up 0.41% on the day. The volume in the stock stood at 1.84 lakh shares today, compared to the daily average of 5.43 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1630.8, up 0.64% on the day. Divis Laboratories Ltd is up 51.73% in last one year as compared to a 5.69% jump in NIFTY and a 7.4% jump in the Nifty Pharma index.

The PE of the stock is 32.14 based on TTM earnings ending March 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 16 2019. 13:05 IST
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