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Company News

Dr Reddys Laboratories Ltd

Dr Reddys Laboratories Ltd soars 2.41%, Gains for third straight session

Dec 27,2024 Hrs IST

Dr Reddys Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 1387.8, up 2.41% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 23849.94921875. The Sensex is at 78785.09, up 0.4%. Dr Reddys Laboratories Ltd has added around 16.43% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has added around 5.77% in last one month and is currently quoting at 22712.55, up 1.19% on the day. The volume in the stock stood at 21.03 lakh shares today, compared to the daily average of 26.64 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1393.95, up 2.57% on the day. Dr Reddys Laboratories Ltd is up 18.44% in last one year as compared to a 9.51% gain in NIFTY and a 36.31% gain in the Nifty Pharma index.

The PE of the stock is 23.51 based on TTM earnings ending September 24.

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