On Monday, Divis Laboratories Ltd is up for a third straight session. Divis Laboratories Ltd’s stock is quoting at Rs 3706.55, up 1.76 per cent on the National Stock Exchange (NSE). The stock is down 24.86 per cent in 2021 compared to a 4.06 per cent slide in NIFTY and a 10.93 per cent slide in the Nifty Metal index.

• Ashoka Buildcon JV Bags Rs 1,041-Crore BMC Flyover Project; Shares End 2.30% Higher
• WPIL Shares End 7.75% Higher on Order Win
• Biocon Launches Diabetes, Obesity Drug-Device in Netherlands; Shares Trade Flat
• Bharat Electronics Shares Trade Higher on Rs 776 Crore Orders 
• Granules India Shares Slump Despite Securing EIR from USFDA 

Around 1.14 per cent of the benchmark, NIFTY is down on the day; the stock was quoting at 17129.75. The Sensex is at 57553.54, down 0.94 per cent. Divis Laboratories Ltd gained around 3.46 per cent in August month.

Meanwhile, the Nifty Metal index, of which Divis Laboratories Ltd is a constituent, has gained around 0.51 per cent in August and is currently quoting at 12610.65, down 0.01 per cent on the day. The volume in the stock stood at 4.35 lakh shares on 26 September 2022, compared with the daily average of 3.77 lakh shares in August.

In the September futures contract, the stock’s benchmark is at Rs 3707.4, up 1.69 per cent on the day. Divis Laboratories Ltd is down 24.86 per cent in the year 2021 compared to a 4.06 per cent slide in NIFTY and a 10.93 per cent slide in the Nifty Metal index. As on June 2022, the private equity of the stock is 31.31 based on TTM earnings.