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As on 16-Sep-2020  13:05

Divis Laboratories Ltd up for third straight session

Divis Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 3262.45, up 2.43% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.45% on the day, quoting at 11573.4. The Sensex is at 39235.23, up 0.49%. Divis Laboratories Ltd has risen around 4.25% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has risen around 0.15% in last one month and is currently quoting at 11450.5, up 1.11% on the day. The volume in the stock stood at 6 lakh shares today, compared to the daily average of 10.45 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 3268, up 2.19% on the day. Divis Laboratories Ltd is up 103.72% in last one year as compared to a 6.99% spurt in NIFTY and a 45.93% spurt in the Nifty Pharma index.

The PE of the stock is 52.95 based on TTM earnings ending June 20.

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