Divis Labs shares 1.18% as Nifty drops

A total of 3,650 shares changed hands on the counter till 12:28PM (IST).

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NEW DELHI: Shares of Divi's Laboratories Ltd. traded 1.18 per cent in Friday's trade at 12:28PM (IST).

Around 3,650 shares changed hands on the counter. The stock opened at Rs 6150.05 and touched an intraday high and low of Rs 6243.



00 and Rs 6050.00, respectively, in the session so far. Shares of the company of Divi's Laboratories Ltd.

quoted a 52-week high of Rs 6448.75 and a 52-week low of Rs 3350.05.

As per BSE , the total market cap of the Divi's Laboratories Ltd . stood at Rs 160726.62 crore at the time of writing this report.

Key Financials The company reported consolidated net sales of Rs 2444.0000 crore for the quarter ended 30-Sep-2024, 11.24 per cent from previous quarter's Rs 2197.

0000 crore and 22.51 per cent from the year-ago quarter's Rs 1995.0000 crore.

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com View Program Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program The net for latest quarter stood at Rs 510.0 crore, 46.55 per cent from the same quarter a year ago.

Shareholding pattern As of 30-Sep-2024, domestic institutional investors held 11.92 per cent stake in the firm, while foreign institutional investors held 17.25 per cent and the promoters 51.

89 per cent. Valuation ratio According to BSE data, the stock traded at a P/E multiple of 87.54 and a price-to-book ratio of 6.

71. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Divi's Laboratories Ltd . belongs to the Pharma - Indian industry. (You can now subscribe to our ETMarkets WhatsApp channel ).