Dr Reddy Share Price Today: Stock Tumbles 7% - Details

Dr Reddy's Laboratories witnessed a sharp decline in its stock price on Wednesday, January 24, following its Q3 FY25 earnings announcement. The stock plummeted 7% intraday, making it the top loser on the Nifty 50 index.

On NSE , shares opened with a gap-down of over 5% at Rs 1,229.95, compared to the previous close of Rs 1,289.40. The stock further sank to Rs 1,203.50 during the session, reflecting a loss of 7.16%.

Dr Reddy Share Price Today
By 1:53 PM, the stock traded at Rs 1,227.95, down 4.77%. On BSE , it opened at Rs 1,247.95, hit a low of ₹1,203.60, and was trading at Rs 1,226.05 by 1:30 PM.
The stock has been under pressure for two consecutive sessions and is now trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling bearish momentum.

Q3 Results: Modest Profit Growth Fails to Impress
Dr Reddy's reported a consolidated net profit of Rs 1,413 crore for Q3 FY25, marking a 2% increase from Rs 1,379 crore in the previous quarter. Revenue rose to ₹8,359 crore compared to Rs 7,215 crore in the same quarter last year.

Dr Reddy Share Price History 
Over the last decade, Dr Reddy's stock has delivered a robust 83.86% gain. In the last five years, it surged 103.10%, and over the past three years, it climbed 40.98%.
However, recent trends paint a different picture. The stock declined 9.79% in the last six months, 6.57% in the last three months, and 8.97% in the previous month. Over the past week alone, it dropped 6.10%.