On National Stock Exchange (NSE), Divis Laboratories Ltd quoted Rs 3,478.95, up 3.8%. The stock is down 23.77% in 2021, compared to a 7.87% jump in Nifty and a 5.02% jump in the Nifty Metal index.
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The company is up for a third straight session on December 21. The stock is quoted at Rs 3,478.95, up 3.8%. The benchmark Nifty is down around 0.52% at 18,290.05. The Sensex is at 61,361.48, down 0.55%. Divis Laboratories Ltd has risen around 5.24% in the previous month.
Meanwhile, the Nifty Metal index of which Divis Laboratories Ltd has gained around 0.24% in the previous month and is recently quoting at 12,618.45, up 1.97%. The volume in the stock stood at 6.35 lakh shares on Wednesday compared to the daily average of 3.57 lakh shares in the previous month.
In the current month, the stock’s futures contract is at Rs 3,477, up 3.8%. Divis Laboratories Ltd is down 23.77% in 2021, compared to a 7.87% jump in Nifty and a 5.02% jump in the Nifty Metal index.
At the end of September, the PE of the stock was 29.96 based on TTM earnings.
