Divis Laboratories Ltd spurts 1.52%, up for fifth straight session

Divis Laboratories Ltd is up for a fifth straight session today. The stock is quoting at Rs 9811, up 1.52% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.72% on the day, quoting at 23102.8. The Sensex is at 74685.25, up 0.72%. Divis Laboratories Ltd has gained around 6.08% in last one month.

Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has gained around 3.43% in last one month and is currently quoting at 26710.8, up 1.88% on the day. The volume in the stock stood at 6.02 lakh shares today, compared to the daily average of 5.93 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 9844.5, up 1.12% on the day. Divis Laboratories Ltd is up 45.61% in last one year as compared to a 10.18% slide in NIFTY and a 22.72% slide in the Nifty Pharma index.

The PE of the stock is 85.56 based on TTM earnings ending June 26.

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