Tag: laboratories

Dr Reddy’s Laboratories board announces 1:5 stock split

 stock analyst  07/28/2024  0 Comments on Dr Reddy’s Laboratories board announces 1:5 stock split

Additionally the company has also announced that each American Depositary Share (ADS) will still represent 1 equity share. As a result, the number of ADSs held by each American Depositary Receipt holder will increase in proportion to the increase in equity shares.

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Divi’s Laboratories shares rally 5% post Q4 results. Should you buy, sell or hold?

 stock analyst  05/27/2024  0 Comments on Divi’s Laboratories shares rally 5% post Q4 results. Should you buy, sell or hold?

Divi’s Laboratories saw a 5% surge in its shares on the BSE during Monday\’s trading session, reaching a new 52-week high of Rs 4,335. This rise came as brokerages such as Motilal Oswal and InCred expressed bullish sentiment towards the stock, following the company\’s impressive performance in Q4, where it reported a 68% year-on-year increase in profits, reaching Rs 538 crore.

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