Share price of Divi's Laboratories Ltd. falls as Nifty strengthens

A total of 16,430 shares changed hands on the counter till 01:23PM (IST).

Share price of Divi's Laboratories Ltd.  falls  as Nifty  strengthens
Shares of Divi's Laboratories Ltd. slipped 0.75 per cent to Rs 3202.35 in Monday's trade as of 01:23PM (IST).

The stock hit a high price of Rs 3246.3 and low of Rs 3169.65 during the session.

The return on equity (ROE) for the stock stood at 18.83 per cent. Traded volume on the counter stood at 01:23PM shares and turnover at Rs 5.28 crore around that time.

The stock of Divi's Laboratories Ltd. quoted a 52-week high and 52-week low prices of Rs 3378.65 and Rs 1571.25, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.0.

Promotor/FII Holding
Promoters held 51.97 per cent stake in the company as of 30-Jun-2020, while foreign investors held 18.17 per cent and domestic institutional investors had 15.57 per cent.

Key Financials
The company reported consolidated sales of Rs 1730.47 crore for the quarter ended 30-Jun-2020, up 24.52 per cent from previous quarter's Rs 1389.71 crore and up 48.81 per cent from the year-ago quarter's Rs 1162.88 crore.

Net profit after tax for the latest quarter stood at Rs 492.06 crore, up 80.61 per cent from the same quarter a year ago.




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