Dr Reddys Laboratories Ltd spurts 0.17%, gains for fifth straight session
Dr Reddys Laboratories Ltd is up for a fifth straight session today. The stock is quoting at Rs 1213, up 0.17% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 23448.85. The Sensex is at 74901.08, up 0.5%. Dr Reddys Laboratories Ltd has gained around 1.93% in last one month.
Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has gained around 2.32% in last one month and is currently quoting at 26909.6, up 0.15% on the day. The volume in the stock stood at 5.57 lakh shares today, compared to the daily average of 14.49 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 1212.3, up 0.44% on the day. Dr Reddys Laboratories Ltd is down 6.56% in last one year as compared to a 6.42% slide in NIFTY and a 21.5% slide in the Nifty Pharma index.
The PE of the stock is 152.45 based on TTM earnings ending June 26.