Dr. Reddy's Laboratories Slips Wednesday, Underperforms Market

Dow Jones09-02 18:31

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

Dr. Reddy's Laboratories Ltd. shares inched down 0.85% to 1,161.00 Indian rupees Wednesday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index falling 0.49% to 76,570.35.

Dr. Reddy's Laboratories Ltd. closed 17.92% below 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 0.10% and Zydus Lifesciences Ltd. fell 1.16%. Wockhardt Ltd. rose 2.90%.

Trading volume totaled 18,380, compared to the 50-day average of 128,008.

Data source: Dow Jones Market Data, FactSet

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