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Dr. Reddy’s Laboratories trades in green on the bourses

16 Feb 2018 Evaluate

Dr. Reddy’s Laboratories is currently trading at Rs. 2219.60, up by 25.15 points or 1.15% from its previous closing of Rs. 2194.45 on the BSE.

The scrip opened at Rs. 2218.00 and has touched a high and low of Rs. 2238.00 and Rs. 2195.00 respectively. So far 35,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2955.00 on 17-Feb-2017 and a 52 week low of Rs. 1901.65 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 2238.00 and Rs. 2175.15 respectively. The current market cap of the company is Rs. 36,830.00 crore.

The promoters holding in the company stood at 26.76%, while Institutions and Non-Institutions held 44.63% and 15.19% respectively.

Dr. Reddy’s Laboratories has initiated voluntary recall of over 80,000 bottles of its drug Atorvastatin Calcium Tablets 10mg, 20mg and 40mg from the US market due to quality concerns. Atorvastatin is a drug that blocks the production of cholesterol and reduces its level in the blood.

The company has recalled multiple lots of Atorvastatin 10 mg, 90 count and 500 count bottles; 20 mg, 90 count and 500 count bottles and 40 mg, 90 count bottles from US market.

The company has recalled the drug on account of Failed Impurities/Degradations specifications; out-of-specification results observed for Total Degradation Impurities during stability. The drug was manufactured at the drug maker’s Srikakulam plant in Andhra Pradesh.

Dr. Reddy’s Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.


Dr. Reddys Lab Share Price

1235.40 14.15 (1.16%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
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Lupin 2324.25
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