Divis Laboratories Ltd dropped for a fifth straight session today. The stock is quoting at 1113.6, down 0.12% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 11447.2. The Sensex is at 37916.26, down 0.28%.Divis Laboratories Ltd has lost around 0.77% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 0.86% in last one month and is currently quoting at 9249.95, down 1.09% on the day. The volume in the stock stood at 7.49 lakh shares today, compared to the daily average of 8.72 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 1121.75, up 0.04% on the day. Divis Laboratories Ltd jumped 77.55% in last one year as compared to a 17.88% rally in NIFTY and a 7.37% spurt in the Nifty Pharma index.
The PE of the stock is 30.87 based on TTM earnings ending June 18.
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