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Dr Reddys Laboratories Ltd soars 1.89%

Capital Market 

Dr Reddys Laboratories Ltd is quoting at Rs 2869, up 1.89% on the day as on 12:49 IST on the NSE. The stock is up 16.96% in last one year as compared to a 12.84% spurt in NIFTY and a 16.48% spurt in the Nifty Pharma index.

Dr Reddys Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 2869, up 1.89% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 11959. The Sensex is at 40426.91, up 0.44%. Dr Reddys Laboratories Ltd has risen around 9.65% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has risen around 11.13% in last one month and is currently quoting at 7879.55, up 0.82% on the day. The volume in the stock stood at 6.67 lakh shares today, compared to the daily average of 6.35 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 2875.6, up 2.02% on the day. Dr Reddys Laboratories Ltd is up 16.96% in last one year as compared to a 12.84% spurt in NIFTY and a 16.48% spurt in the Nifty Pharma index.

The PE of the stock is 18.6 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: Wed, November 06 2019. 13:05 IST
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