Share price of Divis Labs as Sensex gains 54.31 points
<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. 0.0 per cent to Rs 5495.3 at 01:08PM (IST) in Monday's trade. The stock hit a high of Rs 5518.8 and low of Rs 5474.55 so far during the session. The stock had closed at Rs 5495.65 in the previous session.
The counter had a total traded volume of 01:08PM shares so far with a turnover of Rs 1.79 crore on BSE. The stock traded at a price-to-earnings multiple of 87.01 and a price-to-book ratio of 6.71.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. belongs to the Pharma — Indian industry.
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