Divis Laboratories Ltd is down for a fifth straight session today. The stock is quoting at Rs 5722.5, down 2.96% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.54% on the day, quoting at 24755.4. The Sensex is at 80723.46, down 0.54%.Divis Laboratories Ltd has lost around 6.68% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 1.23% in last one month and is currently quoting at 21977.7, down 1.99% on the day. The volume in the stock stood at 4.33 lakh shares today, compared to the daily average of 3.53 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 5701.5, down 3.58% on the day. Divis Laboratories Ltd jumped 4.85% in last one year as compared to a 5.44% slide in NIFTY and a 8.41% fall in the Nifty Pharma index.
The PE of the stock is 67.03 based on TTM earnings ending June 25.