Divis Laboratories Ltd dropped for a fifth straight session today. The stock is quoting at Rs 5824.5, down 1.39% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.28% on the day, quoting at 22388.45. The Sensex is at 72170.86, down 1.32%.Divis Laboratories Ltd has eased around 7.78% in last one month.Meanwhile, Nifty Pharma index of which Divis Laboratories Ltd is a constituent, has eased around 4.37% in last one month and is currently quoting at 22011.6, down 1.5% on the day. The volume in the stock stood at 3.7 lakh shares today, compared to the daily average of 2.86 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 5847.5, down 1.5% on the day. Divis Laboratories Ltd jumped 1.07% in last one year as compared to a 3.71% slide in NIFTY and a 1.21% spurt in the Nifty Pharma index.

The PE of the stock is 60.95 based on TTM earnings ending December 25.