Divis Labs Share Price: Share price of Divis Labs as Sensex gains 685.43 points
Share price of Divi’s Laboratories Ltd. 3.26 per cent to Rs 6053.50 at 02:08PM (IST) in Thursday’s trade. The counter hit a high of Rs 6203.50 and low of Rs 5900.00 so far during the session. The stock had closed at Rs 6257.95 in the previous session.
The counter had a total traded volume of 02:08PM shares so far with a turnover of Rs 19.98 crore on BSE. The stock traded at a price-to-earnings multiple of 87.62 and a price-to-book ratio of 6.71.
A higher price-to-earnings 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…
