Dr. Reddy Laboratories has been showing positive momentum in the stock market. On the latest trading day, the stock opened at ₹1328.95 and closed slightly lower at ₹1326. Despite the minor dip, the stock hit a high of ₹1368 and a low of ₹1318.35, reflecting the volatility within the session. The market capitalization stood at ₹110,432.1 crore, highlighting the company’s solid standing in the market.
Looking at its 52-week performance, Dr. Reddy’s stock has reached a high of ₹1420.2 and a low of ₹1094.88, indicating some significant price fluctuations over the past year. With a trading volume of 117,741 shares on the BSE, the stock is maintaining solid investor interest.
The technical trend for Dr. Reddy’s stock indicates a strong bullish outlook in the near term. The stock has experienced a robust uptrend recently, with expectations for continued growth, making it an interesting pick for investors seeking short-term gains.
Investors and analysts are keeping a close eye on the stock, as the company continues to show potential for further growth, especially with the favorable technical trend observed.
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