Dr. Reddy's Laboratories share price ends at ₹1,141; stock falls 0.35%

Key Takeaways

• Dr. Reddy's Laboratories finished at ₹1,141, down ₹4 or 0.35% from the previous session's ₹1,145 close. 
• The share traded between ₹1,134.90 and ₹1,147.20, giving the September 10 session a ₹12.30 price range. 
• Its closing price remained ₹54.90 below the 50-day DMA and ₹99.90 below the 200-day DMA. 
• The one-year return was -11.73%, close to the six-month reading of -11.44%, while the one-month return was -2.75%. 

The Dr. Reddy's Laboratories share price settled at ₹1,141 on September 10, losing ₹4 from the previous close of ₹1,145. The percentage move was -0.35%. Interestingly, the stock had opened at ₹1,140, so the closing price was ₹1 higher than the session's starting point despite ending lower when measured against the preceding day. 

Between the opening and closing bells, the share reached ₹1,147.20 and fell as far as ₹1,134.90. That generated a ₹12.30 high-low range. The Dr. Reddy's Laboratories share price finished almost exactly centred between the extremes: ₹6.20 below the high and ₹6.10 above the low. 

There was a larger difference between the close and its moving averages. Dr. Reddy's 50-day DMA stood at ₹1,195.90, or ₹54.90 above the September 10 finish. The 200-day DMA was ₹1,240.90, widening the distance to ₹99.90. The two averages themselves were ₹45 apart. 

Trading volume was approximately 1.65 million shares. Over 52 weeks, the stock had ranged from ₹1,101 to ₹1,414.90, a ₹313.90 span. The ₹1,141 closing price was only ₹40 above the annual low but ₹273.90 below the high. This put the current price considerably nearer the lower numerical boundary of the range. 

The return readings were -2.75% over one month and -10.15% over three months. Six months stood at -11.44%, while one year was -11.73%. The six-month and one-year figures were separated by only 0.29 percentage point, whereas the gap from the one-month to one-year reading was 8.98 points.