Divis Laboratories Ltd dropped for a fifth straight session today. The stock is quoting at Rs 5765.75, down 0.9% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 24547.8. The Sensex is at 80424.19, up 0.25%.Divis Laboratories Ltd has added around 7.25% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 1.88% in last one month and is currently quoting at 22828.2, down 0.33% on the day. The volume in the stock stood at 1.85 lakh shares today, compared to the daily average of 10.54 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 5799.15, down 0.66% on the day. Divis Laboratories Ltd jumped 67.44% in last one year as compared to a 28.37% rally in NIFTY and a 53.74% spurt in the Nifty Pharma index.
The PE of the stock is 93.02 based on TTM earnings ending June 24.