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Dr Reddys Laboratories Ltd extends gains

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Dr Reddys Laboratories Ltd is quoting at Rs 2941.7, up 0.3% on the day as on 12:44 IST on the NSE. The stock is up 14.07% in last one year as compared to a 14.84% spurt in NIFTY and a 9.82% spurt in the Nifty Pharma.

Dr Reddys Laboratories Ltd gained for a fifth straight session today. The stock is quoting at Rs 2941.7, up 0.3% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.6% on the day, quoting at 12330.65. The Sensex is at 41883.32, up 0.68%. Dr Reddys Laboratories Ltd has risen around 4.45% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has risen around 0.56% in last one month and is currently quoting at 8058.5, up 0.15% on the day. The volume in the stock stood at 2.73 lakh shares today, compared to the daily average of 3.86 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 2949.45, up 0.07% on the day. Dr Reddys Laboratories Ltd is up 14.07% in last one year as compared to a 14.84% spurt in NIFTY and a 9.82% spurt in the Nifty Pharma index.

The PE of the stock is 19.37 based on TTM earnings ending September 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: Mon, January 13 2020. 13:00 IST
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