Page 6 - Divis Lab News Today

FMCG stocks were the top drags, as the sectoral index slipped 0.56 per cent, followed by the IT index at 0.34 per cent, Oil & Gas at 0.27 per cent, and Nifty Financial Services down at 0.23 per cent.

Adding to the negative sentiment in stock markets, the rupee depreciated to near a 10-month low at 83.14, while the FII outflow of almost of Rs 10,000 crore in August so far also led to selling at higher levels, said Siddhartha Khemka, Head of ...

NEW DELHI — Adding to the negative sentiment in stock markets, the rupee depreciated to near a 10-month low at 83.14, while the FII outflow of almost INR

Divis Laboratories, incorporated in the year 1990, is a Large Cap company (having a market cap of Rs 99034.38 Crore) operating in Pharmaceuticals sector.

CPI inflation data for July, ITC, Vodafone India Q1 Results in Top News on August 14: Eicher Motors, Hindalco ex dividend stocks, Nifty, share market outlook, Redmi K60 Ultra launch also in focus in top stories today.

Top gainers on the Nifty included Dr Reddys Laboratories, Hindalco Industries, JSW Steel, Tata Motors and M&M, while losers included Divis Labs, Apollo Hospitals, Maruti Suzuki, ICICI Bank and Bajaj Finance

Analysts said the recent surge in pharma shares is part of a catch-up rally as many of them have not participated in the broader market upmove in recent years.

Promoters held 51.93 per cent stake in the company as of 30-Jun-2023, while FIIs owned 14.69 per cent, DIIs 21.03 per cent.

IndiGo slipped over 2.5 per cent after the domestic airline reported its highest ever quarterly profit in the April-June period at Rs Rs 3,090.6 crore.

Maruti Suzuki slipped over 1 per cent after India's largest automobile company's net profit for the June quarter more than doubled to Rs 2,485 crore.