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Dr Reddys Laboratories Ltd slips for fifth straight session

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Dr Reddys Laboratories Ltd is quoting at Rs 2554.5, down 0.42% on the day as on 13:24 IST on the NSE. The stock jumped 7.07% in last one year as compared to a 8.4% rally in NIFTY and a 14.09% fall in the Nifty Pharma index.

Dr Reddys Laboratories Ltd is down for a fifth straight session today. The stock is quoting at Rs 2554.5, down 0.42% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.98% on the day, quoting at 11707.15. The Sensex is at 39071.74, down 0.96%.Dr Reddys Laboratories Ltd has lost around 1.35% in last one month.Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has eased around 5.87% in last one month and is currently quoting at 8083.55, down 0.95% on the day. The volume in the stock stood at 2.96 lakh shares today, compared to the daily average of 9.27 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 2558.95, down 0.52% on the day. Dr Reddys Laboratories Ltd jumped 7.07% in last one year as compared to a 8.4% rally in NIFTY and a 14.09% fall in the Nifty Pharma index.

The PE of the stock is 33.32 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: Mon, June 17 2019. 13:35 IST
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