/ Divis Lab Rises 1.6% On Bargain Buys After Sharp Fall ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 27 December 2016

Shares of Divis Laboratories were up 1.6% at Rs 777.65 on some bargain buying, after a 33% fall in the stock over the previous three consecutive trading days. The scrip opened at Rs 761 and has touched a high and low of Rs 786.5 and Rs 761 respectively. So far 4363717 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 20316.31 crore.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 1380 on 16-Sep-2016 and a 52 week low of Rs 745 on 26-Dec-2016. Last one week high and low of the scrip stood at Rs 1164.4 and Rs 745 respectively.

The promoters holding in the company stood at 52.06 % while Institutions and Non-Institutions held 34.45 % and 13.49 % respectively. The stock is currently trading below its 100 DMA.
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