Divis Laboratories Ltd spurts 1.38%, gains for five straight sessions

Divis Laboratories Ltd is quoting at Rs 1762, up 1.38% on the day as on 12:44 IST on the NSE. The stock is up 40.99% in last one year as compared to a 15.08% gain in NIFTY and a 17.05% gain in the Nifty Pharma.

Divis Laboratories Ltd rose for a fifth straight session today. The stock is quoting at Rs 1762, up 1.38% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 11676.85. The Sensex is at 39282.64, down 0.04%. Divis Laboratories Ltd has added around 9.33% in last one month.

 

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 1.1% in last one month and is currently quoting at 7608.15, up 2.14% on the day. The volume in the stock stood at 5.75 lakh shares today, compared to the daily average of 5 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1770.05, up 1.69% on the day. Divis Laboratories Ltd is up 40.99% in last one year as compared to a 15.08% gain in NIFTY and a 17.05% gain in the Nifty Pharma index.

The PE of the stock is 34.61 based on TTM earnings ending June 19.

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