Dr. Reddy's Laboratories Slides Wednesday, Underperforms Competitors

Dow Jones08-12 18:31

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

Dr. Reddy's Laboratories Ltd. shares inched down 0.50% to 1,198.95 Indian rupees Wednesday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index falling 0.24% to 77,966.35.

Dr. Reddy's Laboratories Ltd. closed 15.23% short of its 52-week high of 1,414.40 rupees, which the company achieved on June 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Lupin Ltd. rose 0.09% and Zydus Lifesciences Ltd. rose 1.18%. Wockhardt Ltd. fell 3.25%.

Trading volume totaled 95,445, compared to the 50-day average of 103,428.

Data source: Dow Jones Market Data, FactSet

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