Introduction:
Dr Reddy’s Laboratory Company stock has shown strong returns to its investors over the past few years. From trading at less than Rs 350 in 2005, the company’s shares have witnessed significant growth. On September 2, 2023, the shares closed at Rs 5,576.30 with a decline of 0.56 per cent. This article provides an overview of the historical share prices of Dr Reddy’s Laboratory Company and highlights important milestones.
Dr Reddys Lab Share Price:
In 2009, the shares of Dr Reddy’s Laboratory Company reached the price of Rs 1000 for the first time. In 2013, the price surged to Rs 2000, and in 2014, it reached Rs 3000. The shares of the company touched Rs 4000 in 2015. During the period from 2005 to 2015, the shares of Dr Reddy’s Laboratory Company experienced significant growth. However, the stock faced selling pressure after 2015, and the share price dropped below Rs 2000 in 2017. It wasn’t until 2020 that the share price crossed Rs 5000 for the first time.
On September 1, 2023, the shares of Dr Reddy’s Laboratory Company were trading at Rs.5575. The stock then reached its 52-week high price of Rs.5989.70. The 52-week low price level of shares of Dr Reddy’s Laboratory Company was Rs.3997. Over the past 18 years, the share price of the company has increased significantly from Rs 350 to Rs 5500.
Important Note:
It is crucial to consider the risks associated with investing in mutual funds and the stock market. It is recommended to consult a financial advisor before making any investment decisions. AkhandIndia.com shall not be held liable for any financial losses incurred.
Conclusion:
The share price of Dr Reddy’s Laboratory Company has shown remarkable growth over the years, providing strong returns to its investors. With shares trading at Rs 5,576.30 on September 2, 2023, the company has achieved several significant milestones in terms of share price. However, it is important to exercise caution and seek professional advice before investing in the stock market.
