Dr. Reddy’s Laboratories gains on launching Melgain lotion

Dr. Reddys Laboratories Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 500124 | NSE: DRREDDY

13 Jun 2014 Evaluate

Dr. Reddys Laboratories is currently trading at Rs. 2440.00, up by 6.00 points or 0.25% from its previous closing of Rs. 2434.00 on the BSE.

The scrip opened at Rs. 2450.00 and has touched a high and low of Rs. 2450.00 and Rs. 2431.00 respectively. So far 7,948 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2939.80 on 28-Feb-2014 and a 52 week low of Rs. 2025.00 on 21-Aug-2013.

Last one week high and low of the scrip stood at Rs. 2450.00 and Rs. 2,340.00 respectively. The current market cap of the company is Rs. 41548.08 crore.

The promoters holding in the company stood at 25.52% while Institutions and Non-Institutions held 40.59% and 15.87% respectively.

Dr. Reddy’s Laboratories, an integrated global pharma company, has launched Melgain lotion, a patented drug that has been approved for the treatment of Vitiligo. The medication has been launched in partnership with Issar Pharmaceuticals to increase access to a novel treatment for Vitiligo patients in India.

Vitiligo is a skin disease that leads to white patches on the body due to the loss of normal skin pigment called melanin. It is a very common disease that affects all races and is estimated to affect about five crore people in India. Vitiligo leads to emotional distress as the disease affects the appearance of the patient.

Dr. Reddy’s is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products - the company offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, bio-similars, differentiated formulations and NCEs.

Dr. Reddys Labs. Share Price

1346.95 -9.90 (-0.73%)

01-Jul-2026 10:15 View Price Chart

Peers

Company Name	CMP
Sun Pharma. Inds.	1876.85
Dr. Reddys Labs.	1346.95
Cipla	1460.60
Zydus Lifesciences	1117.10
Lupin	2405.00
View more..

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