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Dr Reddys Laboratories Ltd up for fifth straight session

Capital Market 

Dr Reddys Laboratories Ltd is quoting at Rs 2582.75, up 0.36% on the day as on 12:49 IST on the NSE. The stock is up 13.36% in last one year as compared to a 3.3% slide in NIFTY and a 16.63% slide in the Nifty Pharma.

Dr Reddys Laboratories Ltd gained for a fifth straight session today. The stock is quoting at Rs 2582.75, up 0.36% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.46% on the day, quoting at 11058.1. The Sensex is at 37385.04, down 0.52%. Dr Reddys Laboratories Ltd has slipped around 1.71% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has slipped around 3.98% in last one month and is currently quoting at 7924.05, down 0.25% on the day. The volume in the stock stood at 2.13 lakh shares today, compared to the daily average of 6.11 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2592, up 0.65% on the day. Dr Reddys Laboratories Ltd is up 13.36% in last one year as compared to a 3.3% slide in NIFTY and a 16.63% slide in the Nifty Pharma index.

The PE of the stock is 28.53 based on TTM earnings ending June 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, August 13 2019. 13:00 IST
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