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Divis Laboratories Ltd jumps around 1%
21-Aug-19   13:05 Hrs IST

Divis Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 1538.55, up 1.08% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.4% on the day, quoting at 10972.6. The Sensex is at 37228.74, down 0.27%. Divis Laboratories Ltd has dropped around 5.34% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has dropped around 5.04% in last one month and is currently quoting at 7749.7, down 0.49% on the day. The volume in the stock stood at 2.11 lakh shares today, compared to the daily average of 6.94 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 1536.1, up 0.78% on the day. Divis Laboratories Ltd is up 18.88% in last one year as compared to a 5.27% drop in NIFTY and a 23.47% drop in the Nifty Pharma index.

The PE of the stock is 30.26 based on TTM earnings ending June 19.

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