On Monday, Divis Laboratories Ltd is up for a third straight session. Divis Laboratories Ltd’s stock is quoting at Rs 3706.55, up 1.76 per cent on the National Stock Exchange (NSE). The stock is down 24.86 per cent in 2021 compared to a 4.06 per cent slide in NIFTY and a 10.93 per cent slide in the Nifty Metal index.

• Orient Cables Eyes Rs 3,500 Crore Revenue By FY30
• Bangladesh Resumes Indian Wheat Purchases as Black Sea Disruptions Lift Prices
• Central Railway Recovers Rs 140 Crore In Ticket Fines
• Cosmic CRF Unit Bags Rs 25.94 Crore Combined Orders
• Arivihan in Talks to Raise Rs 96 Crore at Rs 570 Crore Valuation

Around 1.14 per cent of the benchmark, NIFTY is down on the day; the stock was quoting at 17129.75. The Sensex is at 57553.54, down 0.94 per cent. Divis Laboratories Ltd gained around 3.46 per cent in August month.

Meanwhile, the Nifty Metal index, of which Divis Laboratories Ltd is a constituent, has gained around 0.51 per cent in August and is currently quoting at 12610.65, down 0.01 per cent on the day. The volume in the stock stood at 4.35 lakh shares on 26 September 2022, compared with the daily average of 3.77 lakh shares in August.

In the September futures contract, the stock’s benchmark is at Rs 3707.4, up 1.69 per cent on the day. Divis Laboratories Ltd is down 24.86 per cent in the year 2021 compared to a 4.06 per cent slide in NIFTY and a 10.93 per cent slide in the Nifty Metal index. As on June 2022, the private equity of the stock is 31.31 based on TTM earnings.