Divis Labs Share Price: Share price of Divis Labs as Sensex gains 312.78 points
Share price of Divi’s Laboratories Ltd. 0.58 per cent to Rs 6063.90 at 12:17PM (IST) in Wednesday’s trade. The counter hit a high of Rs 6134.95 and low of Rs 6062.40 so far during the session. The stock had closed at Rs 6099.75 in the previous session.
The counter had a total traded volume of 12:17PM shares so far with a turnover of Rs 1.23 crore on BSE. The stock traded at a price-to-earnings multiple of 87.84 and a price-to-book ratio of 6.71.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even…
