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Dr Reddys Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 1358.5, up 1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.7% on the day, quoting at 23097.15. The Sensex is at 74708.52, up 0.75%. Dr Reddys Laboratories Ltd has gained around 12.63% in last one month.
Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has gained around 3.45% in last one month and is currently quoting at 26710.8, up 1.9% on the day. The volume in the stock stood at 9.74 lakh shares today, compared to the daily average of 23.67 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 1360.8, up 1.01% on the day. Dr Reddys Laboratories Ltd is up 13.44% in last one year as compared to a 10.21% slide in NIFTY and a 22.74% slide in the Nifty Pharma index.
The PE of the stock is 114.99 based on TTM earnings ending September 26.