Share price of Divis Labs as Sensex gains 517.06 points

Promoters held 51.89 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 17.25 per cent and 11.92 per cent, respectively.

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Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
The share price of Divi's Laboratories Ltd. 0.7 per cent to Rs 5849.10 at 11:35AM (IST) in Wednesday's trade. The stock has hit a high of Rs 5893.65 and low of Rs 5795.35 so far during the session. The stock had closed at Rs 5808.20 in the previous session.

The counter has had a total traded volume of 11772 shares so far with a value of Rs 6.89 crore on the NSE. It traded at a price-to-earnings multiple of 92.79 and a price-to-book ratio of 6.71.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip 66.85 per cent during the past one year, while the 30-share index advanced 25.229999542236328 per cent during the same period.

Divi's Laboratories Ltd. belongs to the Pharma - Indian industry.
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Promotor/FII Holding
Promoters held 51.89 per cent stake in the company as of 30-Sep-2024, while foreign investors and domestic institutional investors ownership stood at 17.25 per cent and 11.92 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 2197.0000 crore for the quarter ended 30-Jun-2024, 7.77 per cent from the previous quarter's Rs 2382.0000 crore and 18.18 per cent from the year-ago quarter's Rs 1859.0000 crore.

for the latest quarter stood at Rs 430.0 crore, 20.79 per cent from the same quarter a year ago.
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