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.
Stock is trading at 3.80 times its book value and maintaining a healthy dividend payout of 21.6%
Zero pledging by promoters , Debt to Equity ratio of 0.17
Good Fundamentals , Stock formed Ascending triangle pattern in chart , breakout above 4465 will give good up move as mentioned
Stock is trading at 3.80 times its book value and maintaining a healthy dividend payout of 21.6%
Zero pledging by promoters , Debt to Equity ratio of 0.17
Good Fundamentals , Stock formed Ascending triangle pattern in chart , breakout above 4465 will give good up move as mentioned
Trade active
4300 to 4600Trade active
4300 to 4800Trade active
T1 doneTrade active
All targets hit - Trail Stoploss
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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.