<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. 0.7 per cent to Rs 5849.10 at 11:35AM (IST) in Wednesday's trade. The stock has hit a high of Rs 5893.65 and low of Rs 5795.35 so far during the session. The stock had closed at Rs 5808.20 in the previous session.
The counter has had a total traded volume of 11772 shares so far with a value of Rs 6.89 crore on the NSE. It traded at a price-to-earnings multiple of 92.79 and a price-to-book ratio of 6.71.
A higher P/E 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip 66.85 per cent during the past one year, while the 30-share index advanced 25.229999542236328 per cent during the same period.
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