{"id":133882,"date":"2026-06-29T12:13:17","date_gmt":"2026-06-29T06:43:17","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=133882"},"modified":"2026-06-29T12:13:19","modified_gmt":"2026-06-29T06:43:19","slug":"dr-reddys-share-price-rise-6th-day-new-52w-high","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/dr-reddys-share-price-rise-6th-day-new-52w-high\/","title":{"rendered":"Dr Reddy’s Laboratories Shares Extend Rise to 6th Consecutive Day, Hitting New 52-Week High on High Volumes"},"content":{"rendered":"
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DRREDDY Rs 1,406.80 (+4.17%). New 52W High Rs 1,414.90 today. 52W Low Rs 1,148.40. Vol 4M+ shares. 6th consecutive gain. Nifty Pharma +1.73%. USFDA Form 483 – 7 obs, Bachupally.<\/em><\/p>\n

Dr Reddy’s Laboratories<\/a> share price has advanced for the sixth consecutive trading session, gaining 4.17% to Rs 1,406.80 and touching a new intraday 52-week high of Rs 1,414.90 in today’s session. Trading volumes have surged past 4 million shares, well above the stock’s daily average, signalling institutional accumulation behind the move. The six-session winning streak has coincided with a broad-based rally in the Nifty Pharma index, which is the top performing sector today at +1.73%, providing powerful sectoral tailwinds to Dr Reddy’s share price.<\/p>\n

The breakout above the previous 52-week high of Rs 1,375.90 is a technically significant event that chartists typically view as a continuation signal. The move comes against a backdrop of positive news flow including product launches in semaglutide, biosimilar pipeline progress and a Nomura Buy rating with a target of Rs 1,740. The USFDA recently issued a Form 483 with seven observations at the company’s Bachupally biologics facility after a Pre-License Inspection, but investors are treating the development as a standard regulatory checkpoint rather than a material risk, given the company’s track record of resolving similar observations.<\/p>\n

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