Munish_Jain

DRREDDY | Investment Pick

Long
NSE:DRREDDY   DR REDDYS LABS
πŸ“Š DETAILS
Sector: Pharmaceuticals & Drugs
Mkt Cap: 90,938 cr

Dr. Reddy's Laboratories Ltd is a leading India-based pharamceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations.

TTM PE : 17.87 (Low PE)
Sector PE : 45.28
Beta : 0.49

πŸ“š INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

9.51% away from 52 week high
Underperformer - Dr Reddys Laboratories down by -0.74% v/s NIFTY 50 down by -0.29% in last 1 month

πŸ“ˆ FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

πŸ” More Analysis & Trade Setups πŸ”
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com/u/Munish_Jain/
Trade closed: target reached:
T1
Trade active
Trade active
Trade active
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.