Divis Laboratories Ltd dropped for a fifth straight session today. The stock is quoting at Rs 3662.8, down 0.51% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.07% on the day, quoting at 20984.15. The Sensex is at 69890.05, up 0.09%.Divis Laboratories Ltd has added around 4.15% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has increased around 2.88% in last one month and is currently quoting at 16163.15, down 0.94% on the day. The volume in the stock stood at 1.63 lakh shares today, compared to the daily average of 4.18 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 3680.3, down 0.63% on the day. Divis Laboratories Ltd jumped 9.7% in last one year as compared to a 13.45% rally in NIFTY and a 25.5% spurt in the Nifty Pharma index. The PE of the stock is 74.21 based on TTM earnings ending September 23.
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