Dr Reddy's Laboratories Ltd's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 34 out of 159 in the Pharmaceuticals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 14.59.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Dr Reddy's Laboratories Ltd is 8.54, ranking 60 out of 159 in the Pharmaceuticals industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 979.80M, representing a year-over-year decrease of 1.02%, while its net profit experienced a year-over-year decrease of 18.84%.
Key Metrics
The current valuation score of Dr Reddy's Laboratories Ltd is 6.86, ranking 110 out of 159 in the Pharmaceuticals industry. Its current P/E ratio is 18.02, which is 16.27% below the recent high of 20.96 and 14.62% above the recent low of 15.39.
The current earnings forecast score of Dr Reddy's Laboratories Ltd is 8.00, ranking 57 out of 159 in the Pharmaceuticals industry. The average price target is 14.53, with a high of 18.82 and a low of 11.90.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Dr Reddy's Laboratories Ltd is 9.65, ranking 14 out of 159 in the Pharmaceuticals industry. Currently, the stock price is trading between the resistance level at 14.54 and the support level at 13.21, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Dr Reddy's Laboratories Ltd is 3.00, ranking 93 out of 159 in the Pharmaceuticals industry. The latest institutional shareholding proportion is 13.82%, representing a quarter-over-quarter increase of 2.29%. The largest institutional shareholder is James Simons, holding a total of 8.78M shares, representing 1.05% of shares outstanding, with 4.54% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Pharmaceuticals domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Dr Reddy's Laboratories Ltd is 9.40, ranking 9 out of 159 in the Pharmaceuticals industry. The company's beta value is 0.34. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
