DRREDDY NEWS why is Dr. Reddy's Laboratories Limited price falling or rising

DRREDDY NEWS reasons for why stock price of Dr. Reddy's Laboratories Limited is falling or rising

DRREDDY Dr Reddy is falling or rising technical reasons

Technical analysis forecast for Dr Reddy Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Dr Reddy DRREDDY at this time. Stock is falling and might fall more.

It appears as if Dr Reddy DRREDDY gave a large move recently.

Stock of Dr Reddy (DRREDDY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Dr Reddy is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Dr Reddy stays below 1112.1, but if it comes above 1112.1, then a intra day buy could be more profitable.
If you take a sell trade below 1112.1, then use 1112.1 as stoploss and 1070.9 as target. However if you take a buy trade in Dr Reddy, then use 1112.1 as stoploss and 1146.52 as target.

DRREDDY Dr Reddy is falling or rising NEWS fundamental reasons

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Schedule of meet - NEWS as on 2025-03-13

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange regarding allotment of 11250 securities pursuant to ESOP/ESPS at its meeting held on March 06, 2025 - NEWS as on 2025-03-07

Senores Pharma to acquire 14 ANDAs from Dr Reddy's Laboratories Senores Pharmaceuticals of Gujarat has signed an agreement to acquire 14 Abbreviated New Drug Applications from Dr Reddy's Laboratories. The acquisition, funded through IPO proceeds, includes 13 USFDA-approved ANDAs. This expands Senores' product offerings - NEWS as on 2025-03-04 indiatimes.com

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Action(s) taken or orders passed - NEWS as on 2025-03-03

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Arrangements for strategic, technical, manufacturing, or marketing tie up - NEWS as on 2025-02-06

Company Announcement - NEWS as on 2025-01-24

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange regarding outcome of Board meeting held on January 23, 2025. - NEWS as on 2025-01-24

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about General Updates - NEWS as on 2025-01-23

More announcements and NEWS

DRREDDY Dr. Reddy's Laboratories Limited current price & indicator signals

Moving Averages for Dr. Reddy's Laboratories Limited

  • 5Day Average: 1116.64
  • 12Day Average: 1121.64
  • 20Day Average: 1146.49
  • 50Day Average: 1223.71
  • 100Day Average: 1405.92
  • 150Day Average: 3188.94
  • 200Day Average: 4018.13

DRREDDY Indicators & signals

Indicator MACD (12,26,9)

1128.22, 1162.19, -36.27
Indicator MACD is in negative zone

Indicator ADX (14)

52.07, 10.07, 31.95
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 28
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of DRREDDY Dr. Reddy's Laboratories Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Thu Mar 2025 1107.95 1095.05 to 1110.25 0.25% 0.74 times
12 Wed Mar 2025 1105.15 1092.45 to 1116.65 -1.03% 1.08 times
11 Tue Mar 2025 1116.65 1110.65 to 1126.95 -0.32% 0.5 times
10 Mon Mar 2025 1120.20 1115.40 to 1137.15 -1.15% 0.54 times
07 Fri Mar 2025 1133.25 1130.00 to 1145.20 -0.6% 0.45 times
06 Thu Mar 2025 1140.10 1118.65 to 1145.70 1.22% 0.93 times
05 Wed Mar 2025 1126.40 1110.55 to 1129.00 0.56% 0.71 times
04 Tue Mar 2025 1120.15 1105.05 to 1124.15 0.05% 0.61 times
03 Mon Mar 2025 1119.60 1103.90 to 1130.25 0.28% 1.03 times
28 Fri Feb 2025 1116.50 1104.55 to 1132.00 -0.8% 2.21 times
27 Thu Feb 2025 1125.55 1115.00 to 1136.35 -0.23% 1.94 times
25 Tue Feb 2025 1128.15 1122.50 to 1169.55 -3.13% 3.66 times

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