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( 13/06/2018 12:40)
Dr. Reddy's Lab soars 5% on huge volume

Shares of Dr. Reddy's Laboratories jumped over 5 per cent on the Bombay Stock Exchange after spurt in volume trade after the company allotted 43,232 equity shares of Rs 5 each to employees on exercise of their Stock Options.

In line with BSE Healthcare index, stocks of the company gained as much as 5.20 per cent and touched an intra-day high of Rs 2304.15 apiece on the Bombay Stock Exchange.

In a similar trend, shares of the firm were trading 4.02 per cent higher at Rs 2,278.80 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 35,831.09, up 138.57 points, or 0.39 per cent at 12:40 hours.

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