Divis Labs shares 1.03% as Nifty drops

NEW DELHI: Shares of Divi’s Laboratories Ltd. traded 1.03 per cent in Tuesday’s trade at 11:16AM (IST). Around 1,366 shares changed hands on the counter.

The stock opened at Rs 5790.95 and touched an intraday high and low of Rs 5846.20 and Rs 5746.80, respectively, in the session so far. Shares of the company of Divi’s Laboratories Ltd. quoted a 52-week high of Rs 6276.20 and a 52-week low of Rs 3300.00.

Total market cap of the Divi’s Laboratories Ltd. stood at Rs 152961.67 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 2197.0000 crore for the quarter ended 30-Jun-2024, 7.77 per cent from previous quarter’s Rs 2382.0000 crore and 18.18 per cent from the year-ago quarter’s Rs 1859.0000 crore.

Growfast

  • A2Z of Stock Trading - Online Stock Trading Course

    Stock Trading

    A2Z of Stock Trading – Online Stock Trading Course

    By – elearnmarkets, Financial Education by StockEdge

  • Technical Analysis Made Easy: Online Certification Course

    Stock Trading

    Technical Analysis Made Easy: Online Certification Course

    By – Souradeep Dey, Equity and Commodity Trader, Trainer

  • Options Trading Course For Beginners

    Stock Trading

    Options Trading Course For Beginners

    By – Chetan Panchamia, Options Trader

  • Market 104: Options Trading: Kickstart Your F&O Adventure

    Stock Trading

    Market 104: Options Trading: Kickstart Your F&O Adventure

    By – Saketh R, Founder- QuickAlpha, Full Time Options Trader

  • Futures Trading Made Easy: Future & Options Trading Course

    Stock Trading

    Futures Trading Made Easy: Future & Options Trading Course

    By – Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant

  • Ichimoku Trading Unlocked: Expert Analysis and Strategy

    Stock Trading

    Ichimoku Trading Unlocked: Expert Analysis and Strategy

    By – Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert

  • Candlesticks Made Easy: Candlestick Pattern Course

    Stock Trading

    Candlesticks Made Easy: Candlestick Pattern Course

    By – elearnmarkets, Financial Education by StockEdge

  • Stock Markets Made Easy

    Stock Trading

    Stock Markets Made Easy

    By – elearnmarkets, Financial Education by StockEdge

  • Dow Theory Made Easy

    Stock Trading

    Dow Theory Made Easy

    By – Vishal Mehta, Independent Systematic Trader

  • Heikin Ashi Trading Tactics: Master the Art of Trading

    Stock Trading

    Heikin Ashi Trading Tactics: Master the Art of Trading

    By – Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert

  • Derivative Analytics Made Easy

    Stock Trading

    Derivative Analytics Made Easy

    By – Vivek Bajaj, Co Founder- Stockedge and Elearnmarkets

  • A2Z of Stock Market for Beginners: Stock Market Course For Beginners

    Stock Trading

    A2Z of Stock Market for Beginners: Stock Market Course For Beginners

    By – elearnmarkets, Financial Education by StockEdge

  • Market 101: An Insight into Trendlines and Momentum

    Stock Trading

    Market 101: An Insight into Trendlines and Momentum

    By – Rohit Srivastava, Founder- Indiacharts.com

  • Commodity Markets Made Easy: Commodity Trading Course

    Stock Trading

    Commodity Markets Made Easy: Commodity Trading Course

    By – elearnmarkets, Financial Education by StockEdge

  • RSI Trading Techniques: Mastering the RSI Indicator

    Stock Trading

    RSI Trading Techniques: Mastering the RSI Indicator

    By – Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert

  • Technical Analysis for Everyone - Technical Analysis Course

    Stock Trading

    Technical Analysis for Everyone – Technical Analysis Course

    By – Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities

The net for latest quarter stood at Rs 430.0 crore, 20.79 per cent from the corresponding quarter last year.

Shareholding pattern
As of 30-Sep-2024, domestic institutional investors held 11.92 per cent stake in the company, 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 price-to-earnings multiple of 91.37 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.

Forrás: eredeti cikk

Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent News

LSD News
Hosting & operation by SaSFly.net – VPS, domain, web hosting and IT security.