Dr Reddys Laboratories Ltd rose for a third straight session today. The stock is quoting at Rs 2684.65, up 1.71% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 10825.15. The Sensex is at 36021.78, up 0.42%. Dr Reddys Laboratories Ltd has added around 2.28% in last one month.

Meanwhile, Nifty Pharma index of which Dr Reddys Laboratories Ltd is a constituent, has added around 2.05% in last one month and is currently quoting at 8772.6, up 0.78% on the day. The volume in the stock stood at 8.38 lakh shares today, compared to the daily average of 15.65 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 2686, up 1.75% on the day. Dr Reddys Laboratories Ltd is up 22.37% in last one year as compared to a 2.29% gain in NIFTY and a 2.47% gain in the Nifty Pharma index.

The PE of the stock is 35 based on TTM earnings ending December 18.