Tuesday 21 March 2017

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Divi’s Laboratories Limited is the stock in focus on Tuesday. The stock tumbled nearly 20% in the morning hours on Tuesday. The stock is currently trading at Rs 653 per share down by 17.4%.

Healthcare index is the top loser among the sectoral indices on BSE. Divi’s Laboratories is the biggest contributor in the index losses. Other Pharma giants like Sun Pharma, Dr Reddy’s, Wockhardt Pharma, Cipla are also showing weakness. Dr Reddy's is trading lower by 3.9% at Rs 2627 per share.There are 820 advances, 669 declines and 423 unchanged stocks on NSE reflecting some positive undertone floating in the market.

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