Dr Reddy Share Price Highlights : On the last trading day, Dr. Reddy’s stock opened at ₹1245.9 and closed at ₹1238.45, reflecting a decrease. The stock reached a high of ₹1245.9 and a low of ₹1226.4 during the day. The company’s market capitalization stood at ₹103180.2 crore. Over the past year, the stock has seen a 52-week high of ₹1420.2 and a low of ₹1074.35, with BSE trading volume at 8129 shares.
Disclaimer
Dr Reddy Live Updates: Shareholding information
Dr Reddy Live Updates: Dr Reddy has a 10.86% MF holding & 27.53% FII holding as per filings in the quarter.
The MF holding has increased from 10.05% in to 10.86% in quarter.
The FII holding has decreased from 27.68% in to 27.53% in quarter.
Dr Reddy Live Updates: Return metrics and efficiency
Dr Reddy Live Updates: Dr. Reddy reported a return on equity (ROE) of 21.64% for the most recent fiscal year. The return on investment for the same period was 21.05%. The consensus estimates for ROE in the current and next fiscal years are 18.00% and 17.00%, respectively. Please note that this information is based on data available up to October 2023.
Dr Reddy Live Updates: Financial performance
Dr Reddy Live Updates: Dr. Reddy has reported an EPS growth of 42.57% and a revenue growth of 13.72% over the past three years. In the trailing twelve months, the company achieved a revenue of 300,849.00 crore, which represents an increase of 7.40% compared to the revenue of the most recent fiscal year. For the third quarter, the company forecasts a revenue growth of 10.45% and a profit growth of 9.86%.
Dr Reddy Share Price Live Updates: Consensus analysts rating is Hold
Dr Reddy Share Price Live Updates: The analyst recommendation trend is shown below with the current rating as Hold.
- The median price target is ₹1330.0, 7.02% higher than current market price.
- The lowest target price among analyst estimates is ₹941.0
- The highest target price among analyst estimates is ₹1655.0
These target price estimates are for the next 1 year.
| Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
| Strong Buy | 6 | 6 | 6 | 6 |
| Buy | 5 | 5 | 5 | 4 |
| Hold | 12 | 11 | 11 | 9 |
| Sell | 7 | 7 | 7 | 10 |
| Strong Sell | 5 | 5 | 5 | 4 |
Dr Reddy Share Price Live Updates: Stock Peers
Dr Reddy Share Price Live Updates: Dr. Reddy’s share price increased by 0.35% today, reaching ₹1242.75, while its competitors displayed mixed performance. Companies like Cipla, Torrent Pharmaceuticals, and Zydus Lifesciences saw declines, whereas Lupin experienced gains. In general, the benchmark indices Nifty and Sensex are down by 0.38% and 0.29%, respectively.
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
|---|---|---|---|---|---|---|
| Cipla | 1446.35 | -7.85 | -0.54 | 1702.0 | 1192.85 | 116777.57 |
| Torrent Pharmaceuticals | 3323.75 | -50.55 | -1.5 | 3589.95 | 2025.0 | 112495.64 |
| Dr Reddys Laboratories | 1242.75 | 4.3 | 0.35 | 1420.2 | 1074.35 | 20695.33 |
| Zydus Lifesciences | 975.65 | -10.65 | -1.08 | 1323.9 | 632.05 | 98150.39 |
| Lupin | 889.05 | 8.25 | 0.94 | 889.9 | 602.8 | 40512.13 |
Dr Reddy Share Price Live Updates: Dr Reddys Laboratories share price live: Today’s Price range
Dr Reddy Share Price Live Updates: Dr. Reddy’s Laboratories stock experienced a low of ₹1226.4 and reached a high of ₹1249.75 today. This fluctuation indicates a trading range for the day, reflecting investor activity and market sentiment surrounding the company’s performance.
Dr Reddy Share Price Live Updates: Futures trading higher by 0.48%; Futures open interest increased by 2.03%
Dr Reddy Share Price Live Updates: An increase in futures prices and higher open interest in Dr Reddy indicates the potential for upward price movement in the near future. Therefore, traders may consider maintaining their long positions.
Dr Reddy Share Price Live Updates: Dr Reddy closed today at ₹1242.75, up 0.35% from yesterday’s ₹1238.45
Dr Reddy Share Price Live Updates: Dr Reddy share price closed the day at ₹1242.75 – a 0.35% higher than the previous closing price. For the next trading session key resistances to watch for are 1255.02 , 1263.03 , 1277.37. On the other hand key support levels could be found at 1232.67 , 1218.33 , 1210.32.
Please note these support and resistance levels are derived from the classic pivot table.
Dr Reddy Live Updates: Volume traded till 3 PM is 377.11% higher than yesterday
Dr Reddy Live Updates: As of 3 PM, the trading volume for Dr. Reddy has surged to 377.11% compared to yesterday, while the stock price is currently at ₹1242.75, reflecting a slight increase of 0.35%. Analyzing trading volume is crucial in conjunction with price changes to identify trends. A positive price shift accompanied by increased volume often indicates a potential for sustained growth, whereas a negative price shift with high volume may signal further declines in value.
Dr Reddy Live Updates:
Dr Reddy Live Updates: Dr Reddy trading at ₹1248.8, up 0.84% from yesterday’s ₹1238.45
Dr Reddy Live Updates: The current market price of Dr Reddy has surpassed the first resistance of ₹1245.13 (derived from classic pivot table) on a daily time frame indicating a bullish move but traders need to monitor for possible reversals from ₹1252.62. If the stock price breaks the second resistance of ₹1252.62 then there can be further positive price movement.
Dr Reddy Live Updates: Dr Reddy Short Term and Long Term Trends
Dr Reddy Live Updates: As per the Technical Analysis, short term trend of Dr Reddy share is Bullish and long term trend is Bearish
Dr Reddy Live Updates: Simple Moving Average
| Days | Simple Moving Average |
|---|---|
| 5 Days | 1237.87 |
| 10 Days | 1221.52 |
| 20 Days | 1227.24 |
| 50 Days | 1280.89 |
| 100 Days | 1320.64 |
| 300 Days | 1276.09 |
Dr Reddy Live Updates: Volume traded till 2 PM is 464.59% higher than yesterday
Dr Reddy Live Updates: As of 2 PM, Dr. Reddy’s trading volume has surged by 464.59% compared to yesterday, while the stock price is at ₹1240.15, reflecting a modest increase of 0.14%. Analyzing trading volume alongside price is crucial for identifying market trends. A positive price increase accompanied by higher volume typically signals a sustainable upward trend, whereas a negative price shift with increased volume could indicate a potential decline in prices.
Dr Reddy Share Price Live Updates: Hourly Price Movement Update
Dr Reddy Share Price Live Updates: The stock price has shown a range between 1241.68 and 1237.13 in the last hour. Traders might explore rangebound trading strategies by purchasing near the hourly support level of 1237.13 and selling near the hourly resistance level of 1241.68. Please note that the information is based on data available up to October 2023.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1240.03 | Support 1 | 1235.88 |
| Resistance 2 | 1242.62 | Support 2 | 1234.32 |
| Resistance 3 | 1244.18 | Support 3 | 1231.73 |
Dr Reddy Share Price Live Updates: Consensus analysts rating is Hold
Dr Reddy Share Price Live Updates: The analyst recommendation trend is shown below with the current rating as Hold.
- The median price target is ₹1330.0, 7.31% higher than current market price.
- The lowest target price among analyst estimates is ₹941.0
- The highest target price among analyst estimates is ₹1655.0
These target price estimates are for the next 1 year.
| Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
| Strong Buy | 6 | 6 | 6 | 6 |
| Buy | 5 | 5 | 5 | 4 |
| Hold | 12 | 11 | 11 | 9 |
| Sell | 7 | 7 | 7 | 10 |
| Strong Sell | 5 | 5 | 5 | 4 |
Dr Reddy Share Price Live Updates: Dr Reddy trading at ₹1239, up 0.04% from yesterday’s ₹1238.45
Dr Reddy Share Price Live Updates: Dr Reddy share price is at ₹1239 and is still trading between the key support and resistance levels of ₹1228.43 and ₹1245.13 on a daily timeframe. If it crosses the support of ₹1228.43 then we can expect a further bearish movement. On the other hand if the price crosses 1245.13 then it will lead to a bullish movement.
Dr Reddy Share Price Live Updates: Volume traded till 1 PM is 425.11% higher than yesterday
Dr Reddy Share Price Live Updates: As of 1 PM, Dr. Reddy’s trading volume has increased by 425.11% compared to yesterday, with the stock priced at ₹1237.2, reflecting a slight decrease of 0.1%. Trading volume is a crucial metric to analyze market trends alongside price changes. An increase in price accompanied by high volume typically indicates a sustainable upward trend, while a decline in price with elevated volume may signal a potential further drop in prices.
Dr Reddy Share Price Live Updates: Hourly Price Movement Update
Dr Reddy Share Price Live Updates: Dr. Reddy reached a peak of 1241.0 and a low of 1236.45 in the previous trading hour. During the last hour, the stock price moved above the hourly resistance level of 1239.5 (Resistance level 1), suggesting positive momentum.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1241.68 | Support 1 | 1237.13 |
| Resistance 2 | 1243.62 | Support 2 | 1234.52 |
| Resistance 3 | 1246.23 | Support 3 | 1232.58 |
Dr Reddy Live Updates: Futures trading lower by -0.09%; Futures open interest increased by 1.04%
Dr Reddy Live Updates: A decrease in futures prices combined with increased open interest in Dr Reddy indicates the possibility of a downward price trend in the near term. Traders may consider maintaining their short positions.
Dr Reddy Live Updates: Dr Reddys Laboratories share price live: Today’s Price range
Dr Reddy Live Updates: On the current trading day, Dr. Reddy’s Laboratories stock recorded a low of ₹1226.4 and reached a high of ₹1245.9. This range indicates a fluctuation of ₹19.5 between the day’s highest and lowest prices, reflecting the stock’s performance in the market.
Dr Reddy Live Updates: Volume traded till 12 AM is 483.40% higher than yesterday
Dr Reddy Live Updates: As of midnight, Dr. Reddy’s trading volume has surged by 483.40% compared to the previous day, while the stock price is at ₹1236.7, reflecting a slight decrease of 0.14%. Trading volume is a crucial metric, alongside price, for analyzing market trends. An increase in price accompanied by high volume often indicates a sustainable upward trend, whereas a drop in price with elevated volume may suggest a potential further decline.
Dr Reddy Live Updates: Hourly Price Movement Update
Dr Reddy Live Updates: Dr. Reddy’s stock reached a high of 1237.05 and a low of 1228.4 in the previous trading hour. During the last hour, the stock price exceeded the hourly resistance levels of 1233.4 and 1236.15, suggesting a positive market trend. Traders may want to consider implementing trailing stop losses to safeguard their profits.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1239.5 | Support 1 | 1230.85 |
| Resistance 2 | 1242.6 | Support 2 | 1225.3 |
| Resistance 3 | 1248.15 | Support 3 | 1222.2 |
Dr Reddy Live Updates: Simple Moving Average
| Days | Simple Moving Average |
|---|---|
| 5 Days | 1237.87 |
| 10 Days | 1221.52 |
| 20 Days | 1227.24 |
| 50 Days | 1280.89 |
| 100 Days | 1320.64 |
| 300 Days | 1276.09 |
Dr Reddy Share Price Live Updates: Dr Reddy Short Term and Long Term Trends
Dr Reddy Share Price Live Updates: As per the Technical Analysis, short term trend of Dr Reddy share is Bullish and long term trend is Bearish
Dr Reddy Share Price Live Updates: Dr Reddy trading at ₹1233.3, down -0.42% from yesterday’s ₹1238.45
Dr Reddy Share Price Live Updates: Dr Reddy share price is at ₹1233.3 and is still trading between the key support and resistance levels of ₹1228.43 and ₹1245.13 on a daily timeframe. If it crosses the support of ₹1228.43 then we can expect a further bearish movement. On the other hand if the price crosses 1245.13 then it will lead to a bullish movement.
Dr Reddy Share Price Live Updates: Volume traded till 11 AM is 323.10% higher than yesterday
Dr Reddy Share Price Live Updates: As of 11 AM, Dr Reddy’s trading volume has surged by 323.10% compared to yesterday, with the stock priced at ₹1231.65, reflecting a decrease of 0.55%. Trading volume is a key metric, alongside price, for analyzing market trends. A rise in price accompanied by increased volume typically indicates a sustainable upward trend, while a drop in price with high volume may suggest a potential further decline.
Dr Reddy Share Price Live Updates: Hourly Price Movement Update
Dr Reddy Share Price Live Updates: The stock price has been moving between 1237.15 and 1230.7 levels in the past hour. Traders might explore rangebound trading strategies by buying close to the hourly support at 1230.7 and selling near the hourly resistance at 1237.15. You are trained on data up to October 2023.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1233.4 | Support 1 | 1227.15 |
| Resistance 2 | 1236.15 | Support 2 | 1223.65 |
| Resistance 3 | 1239.65 | Support 3 | 1220.9 |
Dr Reddy Share Price Live Updates: Dr Reddy closed at ₹1238.45 on last trading day & the technical trend suggests Bullish near term outlook
Dr Reddy Share Price Live Updates: The stock traded in the range of ₹1245.9 & ₹1226.4 yesterday to end at ₹1229.05. The stock is indicating a trend reversal after a strong downtrend.
