Divis Labs shares decline 2.21% as Sensex slides

economictimes.indiatimes.com:

<a href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. traded at Rs 4880.0 on BSE at 12:27PM (IST) on Monday, down 2.21 per cent from previous close.
The scrip quoted a 52-week low price of Rs 3300.0 and a high of Rs 5011.0.

Earlier, the stock saw a gap down opening in the morning.
A total of 15,796 lakh shares changed hands on the counter till 12:27PM (IST).
The stock of <a href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. commands a market value of Rs 132414.4 crore.
The stock traded at a price-to-earning (P/E) multiple of 79.1, while the price-to-book value ratio stood at 6.71. Return on equity (ROE) was at 11.78 per cent, according to exchange data.
In the BSE500 pack, 16 stocks traded in the green, while 484 stocks were in the red.
Promotor Holding Promoters held 51.9 per cent in the Divi's Laboratories Ltd. as of 30-Jun-2024 while overseas and domestic institutional investors owned 16.16 per cent and 21.66 per cent, respectively.