Dr Reddy Share Price Highlights : On the last trading day, Dr. Reddy’s stock opened at ₹1348 and closed at ₹1351.25, reflecting a modest gain. The stock reached a high of ₹1360.15 and a low of ₹1342.20 during the session. With a market capitalization of ₹112,541.5 crore, the company’s shares traded at a volume of 22,128 on the BSE. The stock’s 52-week range shows a high of ₹1420.2 and a low of ₹1104.69.
Disclaimer
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) for the same period was 21.05%. Current consensus estimates for ROE in the current and upcoming fiscal years are 18.00% and 17.00%, respectively. Please note that the data is based on information available up to October 2023.
Dr Reddy Share Price Live Updates: Financial performance
Dr Reddy Share Price Live Updates: Dr. Reddy has achieved 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 reported a revenue of 300,849.00 crore, reflecting an increase of 7.40% compared to the revenue of the most recent fiscal year. The company anticipates a revenue growth of 10.45% and a profit growth of 9.86% for the third quarter.
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, 1.49% 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: Dr Reddy’s share price increased by 0.29% today, reaching ₹1355.15, while its competitors show mixed performance. While Zydus Lifesciences is experiencing a decline, Cipla, Torrent Pharmaceuticals, and Lupin are seeing gains. In general, the benchmark indices Nifty and Sensex are up by 0.1% and remain unchanged, respectively.
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
|---|---|---|---|---|---|---|
| Cipla | 1489.2 | 13.3 | 0.9 | 1702.0 | 1231.85 | 120237.26 |
| Torrent Pharmaceuticals | 3409.75 | 8.55 | 0.25 | 3589.95 | 2223.9 | 115406.4 |
| Dr Reddys Laboratories | 1355.15 | 3.9 | 0.29 | 1420.2 | 1104.69 | 22567.11 |
| Lupin | 2189.0 | 20.7 | 0.95 | 2312.0 | 1265.05 | 99748.11 |
| Zydus Lifesciences | 957.85 | -6.55 | -0.68 | 1323.9 | 666.25 | 96359.71 |
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 today recorded a low of ₹1342.2 and a high of ₹1360.15. The trading range indicates a slight fluctuation in the stock’s performance, reflecting market dynamics throughout the day. Investors may find this range relevant for assessing short-term trading strategies.
Dr Reddy Share Price Live Updates: Futures trading higher by 0.52%; Futures open interest decreased by -12.31%
Dr Reddy Share Price Live Updates: A higher futures price combined with lower open interest in Dr Reddy indicates that the current bullish trend may be moderating, and there is a possibility that the stock could reach a peak or begin a reversal in the near future.
Dr Reddy Live Updates: Dr Reddy closed today at ₹1355.15, up 0.29% from yesterday’s ₹1351.25
Dr Reddy Live Updates: Dr Reddy share price closed the day at ₹1355.15 – a 0.29% higher than the previous closing price. For the next trading session key resistances to watch for are 1361.55 , 1369.6 , 1379.0. On the other hand key support levels could be found at 1344.1 , 1334.7 , 1326.65.
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 ₹1356.25, up 0.37% from yesterday’s ₹1351.25
Dr Reddy Live Updates: Dr Reddy share price is at ₹1356.25 and is still trading between the key support and resistance levels of ₹1336.4 and ₹1365.2 on a daily timeframe. If it crosses the support of ₹1336.4 then we can expect a further bearish movement. On the other hand if the price crosses 1365.2 then it will lead to a bullish movement.
Dr Reddy Live Updates: Simple Moving Average
| Days | Simple Moving Average |
|---|---|
| 5 Days | 1306.46 |
| 10 Days | 1277.29 |
| 20 Days | 1249.40 |
| 50 Days | 1268.78 |
| 100 Days | 1312.79 |
| 300 Days | 1276.28 |
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: Volume traded till 2 PM is 660.29% higher than yesterday
Dr Reddy Live Updates: As of 2 PM, Dr. Reddy’s trading volume has surged by 660.29% compared to yesterday, with the stock priced at ₹1352.5, reflecting a slight increase of 0.09%. Trading volume is a crucial metric alongside price when analyzing market trends. A positive price trend accompanied by high volume indicates a potentially sustainable upward movement, while a negative price trend with increased volume may signal a possible further decline in prices.
Dr Reddy Share Price Live Updates: Hourly Price Movement Update
Dr Reddy Share Price Live Updates: Dr. Reddy’s stock reached a maximum of 1351.5 and a minimum of 1344.0 during the previous trading hour. In the last hour, the stock price moved above the hourly resistance level of 1351.9, suggesting a positive trend.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1353.0 | Support 1 | 1345.5 |
| Resistance 2 | 1356.0 | Support 2 | 1341.0 |
| Resistance 3 | 1360.5 | Support 3 | 1338.0 |
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, 0.91% 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 ₹1347.5, down -0.28% from yesterday’s ₹1351.25
Dr Reddy Share Price Live Updates: Dr Reddy share price is at ₹1347.5 and is still trading between the key support and resistance levels of ₹1336.4 and ₹1365.2 on a daily timeframe. If it crosses the support of ₹1336.4 then we can expect a further bearish movement. On the other hand if the price crosses 1365.2 then it will lead to a bullish movement.
Dr Reddy Share Price Live Updates: Volume traded till 1 PM is 798.88% higher than yesterday
Dr Reddy Share Price Live Updates: As of 1 PM, Dr. Reddy’s trading volume has surged by 798.88% compared to yesterday, while the stock price stood at ₹1346.55, reflecting a slight decrease of 0.35%. Analyzing volume alongside price is crucial for identifying market trends. A positive price increase accompanied by high volume indicates a potentially sustainable upward trend, whereas a decline in price with elevated volume may signal a possible further decrease in value.
Dr Reddy Share Price Live Updates: Hourly Price Movement Update
Dr Reddy Share Price Live Updates: Dr Reddy reached a peak of 1351.95 and a low of 1343.5 during the previous trading hour. In the last hour, the stock price dropped below the hourly support level of 1348.87 (Support level 1), suggesting a potential shift in market sentiment. Traders may consider adjusting long positions and should monitor additional support levels at 1346.28 and 1341.47.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1351.9 | Support 1 | 1343.45 |
| Resistance 2 | 1356.15 | Support 2 | 1339.25 |
| Resistance 3 | 1360.35 | Support 3 | 1335.0 |
Dr Reddy Live Updates: Futures trading lower by -0.67%; Futures open interest decreased by -12.97%
Dr Reddy Live Updates: A decrease in futures prices along with reduced open interest in Dr Reddy indicates that the current bearish trend may be weakening, and the stock could be approaching a bottom or potentially initiate 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 experienced a low of ₹1342.2 and a high of ₹1360.15 today. This range reflects market activity, indicating a fluctuation in investor sentiment and trading volume throughout the day.
Dr Reddy Live Updates: Volume traded till 12 AM is 1047.20% higher than yesterday
Dr Reddy Live Updates: As of 12 AM, Dr Reddy’s trading volume has surged to 1047.20% higher than the previous day, while the stock price stands at ₹1347, reflecting a slight decrease of 0.31%. Trading volume is a crucial metric, alongside price, for analyzing market trends. An increase in price accompanied by high volume typically indicates a sustainable upward trend, whereas a decline in price with elevated volume may signal potential further decreases in value.
Dr Reddy Live Updates: Hourly Price Movement Update
Dr Reddy Live Updates: Dr Reddy reached a peak of 1358.5 and a low of 1351.1 during the last trading hour. The stock price moved below the hourly support level of 1352.87 (Support Level 1), suggesting a shift in market sentiment. Traders may consider adjusting long positions and monitoring additional support levels at 1349.68 and 1347.12.
The hourly support and resistance levels to watch out in the next hour are mentioned below.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 1356.27 | Support 1 | 1348.87 |
| Resistance 2 | 1361.08 | Support 2 | 1346.28 |
| Resistance 3 | 1363.67 | Support 3 | 1341.47 |
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 | 1306.46 |
| 10 Days | 1277.29 |
| 20 Days | 1249.40 |
| 50 Days | 1268.78 |
| 100 Days | 1312.79 |
| 300 Days | 1276.28 |
Dr Reddy Share Price Live Updates: Dr Reddy trading at ₹1352.25, up 0.07% from yesterday’s ₹1351.25
Dr Reddy Share Price Live Updates: Dr Reddy share price is at ₹1352.25 and is still trading between the key support and resistance levels of ₹1336.4 and ₹1365.2 on a daily timeframe. If it crosses the support of ₹1336.4 then we can expect a further bearish movement. On the other hand if the price crosses 1365.2 then it will lead to a bullish movement.
Dr Reddy Share Price Live Updates: Volume traded till 11 AM is 1101.88% higher than yesterday
Dr Reddy Share Price Live Updates: As of 11 AM, Dr. Reddy’s trading volume has surged by 1101.88% compared to yesterday, while the stock price is at ₹1356.85, reflecting a 0.41% increase. Trading volume is a key metric to analyze trends alongside price changes. An increase in price accompanied by high volume typically indicates a sustainable upward trend, whereas a decrease in price with high volume may signal a potential further decline.
Dr Reddy Share Price Live Updates: Hourly Price Movement Update
Dr Reddy Share Price Live Updates: The stock price has varied between 1361.83 and 1343.88 in the last hour. Traders might explore rangebound trading strategies by purchasing near the hourly support level of 1343.88 and selling near the hourly resistance level of 1361.83. 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 | 1358.62 | Support 1 | 1352.87 |
| Resistance 2 | 1361.18 | Support 2 | 1349.68 |
| Resistance 3 | 1364.37 | Support 3 | 1347.12 |
Dr Reddy Share Price Live Updates: Dr Reddy closed at ₹1351.25 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 ₹1360.15 & ₹1342.2 yesterday to end at ₹1353.4. The stock is currently experiencing a strong bullish trend
