Dr Reddy Share Price Highlights : On the last trading day, Dr. Reddy’s stock opened at ₹1328.95 and closed slightly lower at ₹1326. The stock experienced a high of ₹1368 and a low of ₹1318.35. The company’s market capitalization stood at ₹110,432.1 crore. Over the past year, the stock has reached a 52-week high of ₹1420.2 and a low of ₹1094.88, with a trading volume of 117,741 shares on the BSE.
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 (ROI) value was 21.05% during the same period. The consensus estimates for ROE in the current and next fiscal years are 18.00% and 17.00%, respectively. Please note that the data is current as of 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’s revenue reached 300,849.00 crore, reflecting a 7.40% increase compared to the revenue of the most recent fiscal year. For the third quarter, the company anticipates 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 ₹1335.0, 0.61% lower 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 | 6 | 5 | 5 | 4 |
| Hold | 11 | 12 | 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: Today, Dr. Reddy’s share price increased by 1.3%, reaching ₹1343.25. In contrast, its competitors, including Cipla, Torrent Pharmaceuticals, Zydus Lifesciences, and Lupin, are experiencing declines. Meanwhile, the benchmark indices Nifty and Sensex are down by 1.6% and 1.35%, respectively.
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
|---|---|---|---|---|---|---|
| Cipla | 1471.9 | -33.95 | -2.25 | 1702.0 | 1192.85 | 118840.47 |
| Torrent Pharmaceuticals | 3431.4 | -35.85 | -1.03 | 3589.95 | 2098.0 | 116139.16 |
| Dr Reddys Laboratories | 1343.25 | 17.25 | 1.3 | 1420.2 | 1094.88 | 22368.94 |
| Zydus Lifesciences | 972.5 | -13.2 | -1.34 | 1323.9 | 648.05 | 97833.5 |
| Lupin | 2146.55 | -15.65 | -0.72 | 2312.0 | 1200.35 | 97813.76 |
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 experienced a trading range today with a low of ₹1318.35 and a high of ₹1368. The stock’s movement reflects market fluctuations, indicating investor sentiment and potential volatility within the pharmaceutical sector.
Dr Reddy Share Price Live Updates: Futures trading higher by 1.73%; Futures open interest decreased by -11.09%
Dr Reddy Share Price Live Updates: An increase in futures prices combined with a decrease in open interest for Dr Reddy indicates that the current bullish trend may be weakening, and the stock could reach a peak or begin to reverse in the near future.
Dr Reddy Share Price Live Updates: Volume traded till 3 PM is 1863.56% higher than yesterday
Dr Reddy Share Price Live Updates: As of 3 PM, Dr. Reddy’s trading volume has surged by 1863.56% compared to yesterday, while the stock price is currently at ₹1343.25, reflecting a 1.3% increase. Analyzing both volume and price is crucial for identifying trends. A rise in price coupled with high volume often indicates a sustainable upward trend, whereas a decline in price alongside increased volume may signal a potential further drop in prices.
Dr Reddy Live Updates: Dr Reddy closed today at ₹1343.25, up 1.3% from yesterday’s ₹1326
Dr Reddy Live Updates: Dr Reddy share price closed the day at ₹1343.25 – a 1.3% higher than the previous closing price. For the next trading session key resistances to watch for are 1368.0 , 1394.0 , 1419.3. On the other hand key support levels could be found at 1316.7 , 1291.4 , 1265.4.
Please note these support and resistance levels are derived from the classic pivot table.
Dr Reddy Live Updates:
Dr Reddy Live Updates: Dr Reddy trading at ₹1342.6, up 1.25% from yesterday’s ₹1326
Dr Reddy Live Updates: Dr Reddy share price is at ₹1342.6 and is still trading between the key support and resistance levels of ₹1287.32 and ₹1347.02 on a daily timeframe. If it crosses the support of ₹1287.32 then we can expect a further bearish movement. On the other hand if the price crosses 1347.02 then it will lead to a bullish 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 Bullish
Dr Reddy Live Updates: Simple Moving Average
| Days | Simple Moving Average |
|---|---|
| 5 Days | 1249.72 |
| 10 Days | 1245.28 |
| 20 Days | 1226.76 |
| 50 Days | 1269.17 |
| 100 Days | 1314.72 |
| 300 Days | 1275.57 |
Dr Reddy Live Updates: Volume traded till 2 PM is 3646.56% higher than yesterday
Dr Reddy Live Updates: As of 2 PM, the trading volume for Dr. Reddy has surged to 3646.56% compared to yesterday, while the stock price is at ₹1354.15, reflecting an increase of 2.12%. Analyzing trading volume alongside price is crucial for identifying market trends. A rise in price accompanied by high volume indicates a likely sustainable upward trend, whereas a decline in price with increased volume may signal a potential further decrease in prices.
Dr Reddy Share Price Live Updates: Hourly Price Movement Update
Dr Reddy Share Price Live Updates: The stock price has varied between 1359.97 and 1352.47 in the last hour. Traders might look into rangebound trading strategies, such as purchasing near the hourly support level of 1352.47 and selling near the hourly resistance level of 1359.97. 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 | 1364.03 | Support 1 | 1351.78 |
| Resistance 2 | 1368.12 | Support 2 | 1343.62 |
| Resistance 3 | 1376.28 | Support 3 | 1339.53 |
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 ₹1335.0, 1.18% lower 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 | 6 | 5 | 5 | 4 |
| Hold | 11 | 12 | 11 | 9 |
| Sell | 7 | 7 | 7 | 10 |
| Strong Sell | 5 | 5 | 5 | 4 |
Dr Reddy Share Price Live Updates: Dr Reddy trading at ₹1354.6, up 2.16% from yesterday’s ₹1326
Dr Reddy Share Price Live Updates: The current market price of Dr Reddy has surpassed the first resistance of ₹1347.02 (derived from classic pivot table) on a daily time frame indicating a bullish move but traders need to monitor for possible reversals from ₹1369.03. If the stock price breaks the second resistance of ₹1369.03 then there can be further positive price movement.
Dr Reddy Share Price Live Updates: Volume traded till 1 PM is 4110.92% higher than yesterday
Dr Reddy Share Price Live Updates: As of 1 PM, Dr. Reddy’s trading volume has surged to 4110.92% higher than the previous day, with the stock price at ₹1348.5, reflecting a 1.7% increase. Analyzing volume alongside price is crucial for identifying trends. A positive price shift coupled with high volume indicates a potentially sustainable upward trend, while a negative price movement with increased volume could signal a further decline in prices.
Dr Reddy Share Price Live Updates: Hourly Price Movement Update
Dr Reddy Share Price Live Updates: Dr Reddy reached a peak of 1361.5 and a low of 1354.0 during the previous trading hour. In the last hour, the stock price dipped below the hourly support level of 1353.22 (Support level 1), suggesting a shift in sentiment. Traders may consider reducing long positions and should monitor additional support levels at 1348.68 and 1344.47.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1359.97 | Support 1 | 1352.47 |
| Resistance 2 | 1364.48 | Support 2 | 1349.48 |
| Resistance 3 | 1367.47 | Support 3 | 1344.97 |
Dr Reddy Live Updates: Futures trading higher by 2.59%; Futures open interest decreased by -3.94%
Dr Reddy Live Updates: A higher futures price combined with lower open interest in Dr Reddy indicates that the current bullish trend may be slowing down, and the stock could reach a peak or potentially begin a reversal in the near future.
Dr Reddy Live Updates: Dr Reddys Laboratories share price live: Today’s Price range
Dr Reddy Live Updates: Dr Reddy’s Laboratories stock demonstrated volatility today, with a low of ₹1318.35 and a high of ₹1368. This indicates a trading range of ₹49.65, reflecting investor activity and market sentiment throughout the day.
Dr Reddy Live Updates: Volume traded till 12 AM is 5632.15% higher than yesterday
Dr Reddy Live Updates: As of 12 AM, Dr. Reddy’s trading volume has surged by 5632.15% compared to yesterday, with the stock price reaching ₹1357.15, reflecting a 2.35% increase. Trading volume is a key metric, alongside price, for analyzing market trends. An upward price movement accompanied by high volume typically indicates a sustainable increase, while a downward price movement with elevated volume could signal a potential further decline.
Dr Reddy Live Updates: Hourly Price Movement Update
Dr Reddy Live Updates: The stock price has varied between 1363.38 and 1349.73 in the last hour. Traders might explore rangebound trading strategies by purchasing near the hourly support level of 1349.73 and selling near the hourly resistance level of 1363.38. 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 | 1361.97 | Support 1 | 1353.22 |
| Resistance 2 | 1366.18 | Support 2 | 1348.68 |
| Resistance 3 | 1370.72 | Support 3 | 1344.47 |
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 Bullish
Dr Reddy Share Price Live Updates: Simple Moving Average
| Days | Simple Moving Average |
|---|---|
| 5 Days | 1249.72 |
| 10 Days | 1245.28 |
| 20 Days | 1226.76 |
| 50 Days | 1269.17 |
| 100 Days | 1314.72 |
| 300 Days | 1275.57 |
Dr Reddy Share Price Live Updates: Dr Reddy trading at ₹1358.9, up 2.48% from yesterday’s ₹1326
Dr Reddy Share Price Live Updates: The current market price of Dr Reddy has surpassed the first resistance of ₹1347.02 (derived from classic pivot table) on a daily time frame indicating a bullish move but traders need to monitor for possible reversals from ₹1369.03. If the stock price breaks the second resistance of ₹1369.03 then there can be further positive price movement.
Dr Reddy Share Price Live Updates: Volume traded till 11 AM is 6402.72% higher than yesterday
Dr Reddy Share Price Live Updates: As of 11 AM, Dr Reddy’s trading volume has surged to 6402.72% higher than the previous day, while the stock price stands at ₹1354.45, reflecting an increase of 2.15%. Analyzing volume alongside price is crucial for understanding market trends. A positive price shift accompanied by high volume often indicates a sustainable upward trend, whereas a negative price change with elevated volume could suggest 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 varied between 1377.27 and 1341.97 in the past hour. Traders might explore rangebound trading strategies by purchasing near the hourly support level of 1341.97 and selling near the hourly resistance level of 1377.27. Please note that 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 | 1363.38 | Support 1 | 1349.73 |
| Resistance 2 | 1371.52 | Support 2 | 1344.22 |
| Resistance 3 | 1377.03 | Support 3 | 1336.08 |
Dr Reddy Share Price Live Updates: Dr Reddy closed at ₹1326 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 ₹1368 & ₹1318.35 yesterday to end at ₹1355.35. The stock is currently experiencing a strong bullish trend
