Stock market update: Divis Laboratories gains over 1.50%
Divi;s Laboratories Ltd is quoting at Rs 4103, up 1.54% on the day as on 12:49 IST on the NSE. The stock is up 76.85% in last one year as compared to a 66.98% spurt in NIFTY and a 45.91% spurt in the N
Divis Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 4103, up 1.54% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 15093.85. The Sensex is at 50214, up 1.31%. Divis Laboratories Ltd has risen around 9.26% in last one month.
Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has risen around 4.7% in last one month and is currently quoting at 13970.2, up 0.27% on the day. The volume in the stock stood at 2.78 lakh shares today, compared to the daily average of 7.05 lakh shares in last one month.
The benchmark May futures contract for the stock is quoting at Rs 4102.1, up 1.23% on the day. Divis Laboratories Ltd is up 76.85% in last one year as compared to a 66.98% spurt in NIFTY and a 45.91% spurt in the Nifty Pharma index.
The PE of the stock is 57.74 based on TTM earnings ending December 20.
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