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Dr. Reddy’s Laboratories reports EPS miss as Morgan Stanley buys more shares

Dr. Reddy's Laboratories logoDr. Reddy's Laboratories
Sig1.49Sen-2.45Env0.00Soc0.00Gov0.00

Dr. Reddy’s Laboratories reported quarterly earnings of $0.06 per share, missing analysts’ consensus of $0.09. Institutional investors increased positions, with Morgan Stanley buying additional shares and owning 8,926,051 shares, alongside added stakes from Aikya Investment Management and BNP Paribas Financial Markets. The stock shows an average rating of Reduce, with other stocks viewed more favorably.

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