Divis Laboratories Ltd up for third consecutive session
(13:05, 09 Nov 2018)

Divis Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 1543.75, up 3.09% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 10581.85. The Sensex is at 35167.9, down 0.2%. Divis Laboratories Ltd has gained around 18.96% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has gained around 1.51% in last one month and is currently quoting at 9511.6, up 1.18% on the day. The volume in the stock stood at 10.65 lakh shares today, compared to the daily average of 12.56 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 1547.95, up 2.91% on the day. Divis Laboratories Ltd is up 51.88% in last one year as compared to a 2.52% jump in NIFTY and a 3.36% jump in the Nifty Pharma index.

The PE of the stock is 34.59 based on TTM earnings ending September 18.

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