By Mill Chart
Last update: Oct 24, 2023
In this article we will dive into DR. REDDY'S LABORATORIES-ADR (NYSE:RDY) as a possible candidate for quality investing. Investors should always do their own research, but we noticed DR. REDDY'S LABORATORIES-ADR showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.
Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.
RDY gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 208 industry peers in the Pharmaceuticals industry. RDY has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. RDY is not valued too expensively and it also shows a decent growth rate. These ratings could make RDY a good candidate for quality investing.
Check the latest full fundamental report of RDY for a complete fundamental analysis.
Our Caviar Cruise screen will find you more ideas suited for quality investing.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
DR. REDDY'S LABORATORIES-ADR
NYSE:RDY (4/19/2024, 7:13:03 PM)
After market: 71.14 0 (0%)71.14
+0.23 (+0.32%)
Novo Nordisk (NVO) faces scrutiny as Indian drugmakers develop their versions of its weight loss therapy Wegovy. Read more here.
Journey Medical (FBIO) said it has submitted a New Drug Application for its rosacea treatment DFD-29. The product is being developed with Dr. Reddy's (RDY). Read more here.
Dr. Reddy's Laboratories has announced the acquisition of Amyris' women's health and dietary supplements portfolio.
Dr. Reddy's Laboratories (RDY) has acquired a 6.46% stake in Edity Therapeutics, an Israeli biotech focused on using immune cells to deliver therapeutics proteins. Read more here.
The Biden administration identifies 48 Medicare Part B drugs subject to inflation penalties in Q1 2024. Read more here.
Coya Therapeutics and Dr. Reddy's Laboratories collaborate on drug for ALS, with Dr.
The U.S. FDA cites multiple manufacturing violations at one of production sites run by Dr. Reddy's Laboratories (RDY) in India. Read more here.