Dr. Reddy's Laboratories Slides Wednesday, Underperforms Market

Dow Jones08-19 18:31

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

Shares of Dr. Reddy's Laboratories Ltd. inched down 0.80% to 1,171.00 Indian rupees Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index falling 0.42% to 76,909.68.

Dr. Reddy's Laboratories Ltd. closed 17.21% short of its 52-week high of 1,414.40 rupees, which the company reached on June 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Lupin Ltd. fell 0.31% and Zydus Lifesciences Ltd. fell 0.99%. Wockhardt Ltd. fell 1.82%.

Trading volume totaled 70,699, compared to the 50-day average of 111,553.

Data source: Dow Jones Market Data, FactSet

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