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Dr Reddy's Lab gains on launching OTC store-brand equivalent of Mucinex D Extended Release Tablets

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

09 Jul 2019 Evaluate

Dr. Reddys Laboratories is currently trading at Rs. 2611.90, up by 16.15 points or 0.62% from its previous closing of Rs. 2595.75 on the BSE.

The scrip opened at Rs. 2600.00 and has touched a high and low of Rs. 2630.00 and Rs. 2572.90 respectively. So far 7380 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2965.20 on 02-May-2019 and a 52 week low of Rs. 2017.20 on 20-Jul-2018.

Last one week high and low of the scrip stood at Rs. 2636.00 and Rs. 2561.00 respectively. The current market cap of the company is Rs. 42920.49 crore.

The promoters holding in the company stood at 26.77%, while Institutions and Non-Institutions held 45.46% and 13.66% respectively.

Dr. Reddy's Laboratories has launched an over-the-counter (OTC) store-brand equivalent of Mucinex D Extended Release Tablets in two strengths-Guaifenesin 600 mg and Pseudoephedrine HCI 60 mg, and Guaifenesin 1200 mg and Pseudoephedrine HCI 120 mg-in the United States market, as approved by the US Food and Drug Administration (USFDA).

The company’s OTC Guaifenesin and Pseudoephedrine HCI is used to help loosen phlegm (mucus) and thin bronchial secretions to rid the bronchial passageways of bothersome mucus and make coughs more productive; temporarily relieve nasal congestion due to common cold, hay fever, and upper respiratory allergies; temporarily restore freer breathing through the nose; promote nasal and/or sinus drainage; and temporarily relieve sinus congestion and pressure.

According to IRI, the Mucinex D brand and store brands had combined US sales of around $71 million MAT for the most recent twelve months ending in May 2019. The company’s OTC Guaifenesin 1200 mg and Pseudoephedrine HCI 120 mg is available in 24-count packages. Also, the company’s OTC Guaifenesin 600 mg and Pseudoephedrine HCI 60 mg is available in 18 and 36-count packages.

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

1220.75 -11.50 (-0.93%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1665.25
Dr. Reddys Lab	1220.75
Cipla	1232.90
Zydus Lifesciences	928.85
Lupin	2311.75
View more..

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Dr Reddy's Lab gains on launching OTC store-brand equivalent of Mucinex D Extended Release Tablets

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