India markets open in 8 hours 15 minutes

Dr Reddys Laboratories Ltd down for fifth straight session

Dr Reddys Laboratories Ltd is down for a fifth straight session today. The stock is quoting at Rs 3955, down 0.47% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.67% on the day, quoting at 10381.6. The Sensex is at 35169.27, up 0.59%.Dr Reddys Laboratories Ltd has added around 0.04% in last one month.Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has increased around 2.35% in last one month and is currently quoting at 10135.9, down 1.02% on the day. The volume in the stock stood at 3.62 lakh shares today, compared to the daily average of 9.55 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 3918.85, down 0.85% on the day. Dr Reddys Laboratories Ltd jumped 48.97% in last one year as compared to a 12.51% slide in NIFTY and a 22.66% spurt in the Nifty Pharma index.

The PE of the stock is 22.49 based on TTM earnings ending March 20.