Dr. Reddy's Laboratories Slips Tuesday, Underperforms Competitors

Dow Jones08-04

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Dr. Reddy's Laboratories Ltd. inched down 0.79% to 1,160.65 Indian rupees Tuesday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index falling 0.27% to 78,428.95.

Dr. Reddy's Laboratories Ltd. closed 17.94% short of its 52-week high of 1,414.40 rupees, which the company achieved on June 29th.

The stock underperformed when compared to some of its competitors Tuesday, as Lupin Ltd. rose 0.71% and Zydus Lifesciences Ltd. rose 0.80%. Wockhardt Ltd. fell 0.29%.

Trading volume totaled 44,520, compared to the 50-day average of 96,326.

Data source: Dow Jones Market Data, FactSet

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