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Dr. Reddy’s gains on launching first hair growth supplement ‘HAiROOTZ’

22 Jun 2015 Evaluate

Dr. Reddy’s Laboratories is currently trading at Rs. 3410.05, up by 30.55 points or 0.90% from its previous closing of Rs. 3379.50 on the BSE.

The scrip opened at Rs. 3415.50 and has touched a high and low of Rs. 3422.25 and Rs. 3410.00 respectively.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3808.75 on 10-Apr-2015 and a 52 week low of Rs. 2431.00 on 23-Jun-2014.

Last one week high and low of the scrip stood at Rs. 3423.60 and Rs. 3268.00 respectively. The current market cap of the company is Rs. 58,249.00 crore.

The promoters holding in the company stood at 25.48% while Institutions and Non-Institutions held 44.30% and 13.33% respectively.

Dr. Reddy’s Laboratories has launched ‘HAiROOTZ’, the first hair growth supplement to be marketed in India as over-the-counter (OTC) by the company. HAiROOTZ comes from the same branch of business that markets MINITOP, the No 1 dermatologist recommended brand in the country.

HAiROOTZ provides key nutrients needed for maintaining healthy hair. Stressful lifestyles often lead to hair greying and hair loss.  Its unique formula has grape seed extract containing potent antioxidants, which are 20 times greater than Vitamins E and C.

HAiROOTZ comes in innovative and consumer friendly packaging with several innovations offered for the first time to ensure consumer compliance. It will be available across all leading departmental, pharmacy stores and online retailers.

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 Lab Share Price

1294.70 1.45 (0.11%)
11-May-2026 13:53 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1873.30
Dr. Reddys Lab 1294.70
Cipla 1321.65
Zydus Lifesciences 948.60
Lupin 2276.90
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