Divis Labs stock price 0.57 per cent as Sensex

Shares of Divi's Laboratories Ltd. 0.57 per cent to Rs 6010.10 at 11:30AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 4,599 shares with a turnover of Rs 2.76 crore till 11:30AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 87.05, while the price-to-book value ratio stood at 6.71.

Return on equity (ROE) was at 11.78 per cent, according to exchange data. The stock hit an intraday high of Rs 6056.10 and a low of Rs 5982.80 during the session and quoted a 52-week high price of Rs 6276.20 and a 52-week low of Rs 3350.05.


The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.0009.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 4580.17 on November 22, while the 50-DMA was at Rs 5732.41. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 61.91. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2024, promoters held 51.89 per cent stake in the company, while overseas investors held 17.25 per cent and domestic institutional investors had 20.98 per cent.