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Dr Reddy s Dips 7% Even as Q4 Net Profit Jumps 10-Fold; Should you Buy, Sell or Hold?

Shares of Dr Reddy's slipped 7 per cent in early trade on May 11, a day after the company posted its Q4 results

Dr Reddy s lines up Rs 1,000 crore capex for current fiscal year

Dr Reddy s lines up Rs 1,000 crore capex for current fiscal year SECTIONS Last Updated: May 24, 2021, 01:04 PM IST Share Agencies The company remains positive about sustaining its growth trends in the current fiscal and beyond, as per a top company official. INSIGHTS NSE Explore Now NEW DELHI: Drug major Dr Reddy s Laboratories has earmarked a Capex of around Rs 1,000 crore for the current fiscal as it remains positive about sustaining its growth trends in the current fiscal and beyond, as per a top company official. The Hyderabad based firm invested about Rs 1,000 crore in the 2020-21 fiscal. The Capex will be around the same numbers, maybe a bit higher if everything goes through, Dr Reddy s Laboratories CEO Erez Israeli said in an analyst call.

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