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Divis Laboratories Ltd drops for fifth straight session

7 Sep 2022 , 01:36 PM

Divis Laboratories Ltd is down for a fifth straight session today. The stock is quoting at Rs 3573, down 0.35% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 17627.65. The Sensex is at 59095.39, down 0.17%.Divis Laboratories Ltd has eased around 9.26% in last one month.Meanwhile, Nifty Metal index of which Divis Laboratories Ltd is a constituent, has eased around 2.42% in last one month and is currently quoting at 12598, up 0.23% on the day. The volume in the stock stood at 1.26 lakh shares today, compared to the daily average of 6.99 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 3590.7, down 0.19% on the day. Divis Laboratories Ltd tumbled 29.74% in last one year as compared to a 1.58% rally in NIFTY and a 12% fall in the Nifty Metal index.The PE of the stock is 30.82 based on TTM earnings ending June 22.Powered by Capital Market – Live News

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