Dr Reddy’s Laboratories share price declines 6% post Q3 results: Should you Buy, Sell or Hold ? | Stock Market News
Stock Market today: Dr Reddy’s Laboratories share price declined more than 6% in the morning trades on Friday post Q3 results that were announced after the market hours of Thursday
Dr Reddy’s Laboratories share price opened at ₹1247.95 on the BSE on Friday, more than 3% lower than previous day’s closing price of ₹1289.35. Dr Reddy’s Laboratories share price thereafter declined more than 6% to intraday lows of ₹1203.60
On Thursday, January 23, Dr. Reddy’s Laboratories reported consolidated profit after tax (PAT) for the quarter ending December 2024 (Q3) increased by 2% year over year to ₹1,413.3 crore. Last year’s third quarter PAT was ₹1,378.9 crore.