Dr Reddy's trades in green on the BSE

18 Nov 2011 Evaluate

Dr Reddy's is currently trading at Rs. 1558.00, up by 7.85 points or 0.51% from its previous closing of Rs. 1550.15 on the BSE.

The scrip opened at Rs. 1540.00 and has touched a high and low of Rs. 1578.45 and Rs. 1540.00 respectively. So far 12979 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1855.00 on 09-Dec-2010 and a 52 week low of Rs. 1387.00 on 22-Aug-2011.

Last one week high and low of the scrip stood at Rs. 1654.80 and Rs. 1540.50 respectively. The current market cap of the company is Rs. 26281.87 crore.

The promoters holding in the company stood at 25.61% while Institutions and Non-Institutions held 40.74% and 15.99% respectively.

Dr Reddy's Laboratories’ Andhra Pradesh Srikakulam unit’s production is adversely affected for the past 3-4 days due to workers strike. The workers in all 13 production blocks have participated in protest resulting in nil production at the unit. The production is made based out of orders and hence company is unable to estimate exact loss.

Presently, active pharmaceutical ingredients making unit has about 700 employees on its rolls besides about 300-350 contract workers. The number of contract workers was scaled down to about 85 following which the protests started. 

Dr. Reddy's Laboratories is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products - the company offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, biosimilars, differentiated formulations and NCEs.

Dr. Reddys Lab Share Price

1342.45 16.45 (1.24%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1808.50
Dr. Reddys Lab 1342.45
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Lupin 2147.55
Zydus Lifesciences 973.90
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