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Dr Reddys Laboratories Ltd up for third consecutive session

Capital Market 

Dr Reddys Laboratories Ltd is quoting at Rs 2717, up 1.29% on the day as on 12:54 IST on the NSE. The stock is up 3.21% in last one year as compared to a 5.76% slide in NIFTY and a 24.46% slide in the Nifty Pharma index.

Dr Reddys Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 2717, up 1.29% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 10921.15. The Sensex is at 36909.96, up 0.72%. Dr Reddys Laboratories Ltd has gained around 6.27% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has gained around 2.2% in last one month and is currently quoting at 8071.75, down 0.23% on the day. The volume in the stock stood at 3.74 lakh shares today, compared to the daily average of 6.12 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 2718.35, up 1.21% on the day. Dr Reddys Laboratories Ltd is up 3.21% in last one year as compared to a 5.76% slide in NIFTY and a 24.46% slide in the Nifty Pharma index.

The PE of the stock is 29.76 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: Fri, September 06 2019. 13:06 IST
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