Divis Laboratories Ltd is down for a fifth straight session today. The stock is quoting at Rs 1657.05, down 1.9% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.79% on the day, quoting at 11406.85. The Sensex is at 37941.62, down 0.88%.Divis Laboratories Ltd has lost around 3.43% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 3.63% in last one month and is currently quoting at 9148.2, down 1.68% on the day. The volume in the stock stood at 2.94 lakh shares today, compared to the daily average of 4.23 lakh shares in last one month.
The benchmark May futures contract for the stock is quoting at Rs 1670.4, down 1.77% on the day. Divis Laboratories Ltd jumped 38.63% in last one year as compared to a 6.19% rally in NIFTY and a 3.34% spurt in the Nifty Pharma index.
The PE of the stock is 34.36 based on TTM earnings ending December 18.