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Arrowstreet Buys 102,643 Dr. Reddy's Shares as Major Investors Add Stakes

Dr. Reddy's Laboratories logoDr. Reddy's Laboratories
Sig1.22Sen-2.35Env0.00Soc0.00Gov0.00

Morgan Stanley increased its stake in Dr. Reddy’s Laboratories by purchasing 2,603,897 shares, bringing total ownership to 8,926,051 shares worth about $125.3M. Aikya Investment Management raised its holdings by 9.3% and Bessemer Group also expanded positions. Several research notes downgraded the stock, moving at least one rating to sell.

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