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Divis Laboratories Ltd rose for a third straight session today. The stock is quoting at Rs 2362.3, up 1.52% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 1.66% on the day, quoting at 9085.6. The Sensex is at 31020.17, down 1.71%. Divis Laboratories Ltd has added around 0.9% in last one month. Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has added around 1.63% in last one month and is currently quoting at 9307.3, down 1.24% on the day. The volume in the stock stood at 3.75 lakh shares today, compared to the daily average of 9.28 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 2363, up 1.73% on the day. Divis Laboratories Ltd is up 45.36% in last one year as compared to a 18.5% fall in NIFTY and a 7.47% fall in the Nifty Pharma index. The PE of the stock is 48.61 based on TTM earnings ending December 19.
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