Dr Reddys Laboratories Ltd is down for a fifth straight session today. The stock is quoting at Rs 6505.2, down 0.95% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25392.05. The Sensex is at 83172.83, up 0.27%.Dr Reddys Laboratories Ltd has lost around 6.61% in last one month.Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has increased around 2.13% in last one month and is currently quoting at 23025.2, down 0.76% on the day. The volume in the stock stood at 3.35 lakh shares today, compared to the daily average of 3.4 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 6530.4, down 0.71% on the day. Dr Reddys Laboratories Ltd jumped 15.85% in last one year as compared to a 27.59% rally in NIFTY and a 47.81% spurt in the Nifty Pharma index.
The PE of the stock is 26.6 based on TTM earnings ending June 24.