Hot Pursuit     26-Dec-23
Divis Laboratories Ltd spurts 3.19%, up for third straight session
Divis Laboratories Ltd is quoting at Rs 3812.95, up 3.19% on the day as on 12:49 IST on the NSE. The stock is up 9.66% in last one year as compared to a 18.18% gain in NIFTY and a 30.28% gain in the Nifty Pharma index.

Divis Laboratories Ltd rose for a third straight session today. The stock is quoting at Rs 3812.95, up 3.19% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 21428.9. The Sensex is at 71339.72, up 0.33%. Divis Laboratories Ltd has added around 1.4% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 4.02% in last one month and is currently quoting at 16394.35, up 0.88% on the day. The volume in the stock stood at 5.39 lakh shares today, compared to the daily average of 3.89 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 3819, up 3.04% on the day. Divis Laboratories Ltd is up 9.66% in last one year as compared to a 18.18% gain in NIFTY and a 30.28% gain in the Nifty Pharma index.

The PE of the stock is 74.47 based on TTM earnings ending September 23.

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