Dr. Reddys Laboratories Ltd.

BSE: 500124 | NSE: DRREDDY
Mid Cap | Pharmaceuticals & Drugs
1242.00
-3.50 (-0.28%)
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Dr. Reddy's falls after getting 3 observations from USFDA for API Manufacturing Plant in Telangana

Date: 06-03-2020

Dr. Reddy’s Laboratories is currently trading at Rs. 3169.65, down by 11.10 points or 0.35% from its previous closing of Rs. 3180.75 on the BSE.

The scrip opened at Rs. 3050.00 and has touched a high and low of Rs. 3190.90 and Rs. 3050.00 respectively. So far 8589 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3363.00 on 20-Feb-2020 and a 52 week low of Rs. 2352.00 on 14-Aug-2019.

Last one week high and low of the scrip stood at Rs. 3230.00 and Rs. 2878.40 respectively. The current market cap of the company is Rs. 52577.34 crore.

The promoters holding in the company stood at 26.76%, while Institutions and Non-Institutions held 45.14% and 13.80% respectively.

US Food and Drug Administration (USFDA) has completed audit at Dr. Reddy's Laboratories’ API Manufacturing Plant-5 at Miryalaguda, Nalgonda District, Telangana. The company has been issued a Form 483 with 3 observations. The company will address them comprehensively within the stipulated timeline.

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.