• Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Home > News >

  • Dr Reddy's Lab drops on buzz surrounding Duvvada facility
  • January 03,2018  12:39
  • Meanwhile, the S&P BSE Sensex was up 39.46 points or 0.12% at 33,851.72.

    On the BSE, 52,000 shares were traded on the counter so far as against average daily volumes of 51,406 shares in the past one quarter. The stock had hit a high of Rs 2,415 and a low of Rs 2,299 so far during the day. The stock had hit a 52-week high of Rs 3,203.95 on 6 January 2017 and a 52-week low of Rs 1,901.65 on 11 August 2017.

    The stock had outperformed the market over the past one month till 2 January 2018, gaining 7.95% compared with the Sensex's 2.98% rise. The stock had, however, underperformed the market over the past one quarter, advancing 3.36% as against the Sensex's 8.08% rise. The scrip had also underperformed the market over the past one year, sliding 22.02% as against the Sensex's 27.14% rise.

    The large-cap company has equity capital of Rs 82.94 crore. Face value per share is Rs 5.

    According to a media report, an establishment inspection report (EIR) has been issued to Dr Reddy's Laboratories' Duvvada facility by the United States Food and Drug Administration. The report further stated that Duvvada facility status continues to be classified as official action initiated (OAI). In pharmaceuticals parlance, OAI means regulatory/admin sanctions by the drug regulator are initiated, as per reports.

    On a consolidated basis, Dr Reddy's Laboratories' net profit fell 1.1% to Rs 305.40 crore on 1.1% decline in net sales to Rs 3546 crore in Q2 September 2017 over Q2 September 2016.

    Dr Reddy's Laboratories is an integrated global pharmaceutical company.

    Powered by Capital Market - Live News

Follow us:

SMC Global Securities Ltd., Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000, Fax: (011) 25754365, Website- www.smctradeonline.com , CIN : U67120DL1997PLC188881, NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432 , CDSL/NSDL-IN-DP-130-2015, NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 (SMC Comtrade Ltd.) PMS INP000003435 (SMC Investments and Advisory Ltd.)

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing.


Toll-free : 1800-11-0909
Email: contact@smctradeonline.com

Copyright ©2016 SMC. All Rights Reserved | Disclaimer | Privacy Policy | RMS Policy | Copyright| Testimonials| Sitemap| Grievance| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)
Open An Account

Open my trading account now!  X 

* All fields are compulsory