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Dr Reddy Lab Share Price Target 2024, 2025, 2026 to 2039 With Charts
Dr. Reddy's Laboratories Limited | |||
Symbol: DRREDDY | |||
Price: ₹1,226.69 | |||
Exchange: NSE | |||
Healthcare -> Drug Manufacturers - Specialty & Generic |
Show Table of Contents
Table of Contents
- 1: Dr Reddy Lab Brief Company Overview
- 1.1: Dr. Reddy's Laboratories Limited: A Global Pharmaceutical Powerhouse
- 1.2: Dr Reddy Lab Financial Performance
- 1.2.1: Is Dr Reddy Lab A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Dr Reddy Lab Share Price Target For 2024
- 2.1.1: Dr Reddy Lab Share Price Target Table For 2024
- 2.1.2: Summary: Dr Reddy Lab Share Price Prediction For 2024
- 2.2: Dr Reddy Lab Share Price Target For 2025
- 2.2.1: Dr Reddy Lab Share Price Target Table For 2025
- 2.2.2: Summary: Dr Reddy Lab Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Dr Reddy Lab Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Dr Reddy Lab Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Dr Reddy Lab Past Performance
Dr Reddy Lab Brief Company Overview
Dr. Reddy's Laboratories Limited: A Global Pharmaceutical Powerhouse
Established in 1984, Dr. Reddy's Laboratories Limited is a global pharmaceutical leader with a presence in over 100 countries. Headquartered in Hyderabad, India, the company operates three segments: Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Others.
- Global Generics: Manufactures and markets prescription and over-the-counter finished pharmaceuticals under brand or generic names.
- PSAI: Produces active pharmaceutical ingredients, intermediates, and provides contract research services.
- Others: Develops oncology and inflammation therapies, differentiated formulations, and provides digital healthcare and IT support services.
Dr. Reddy's is renowned for its diverse product range covering multiple therapeutic categories, including gastro-intestinal, cardiovascular, oncology, and respiratory. The company is committed to innovation, with a focus on developing affordable healthcare solutions.
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Dr Reddy Lab Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 1,07,316.32 Crore | Market valuation of Dr Reddy Lab's shares. |
Revenue (TTM) | 29,986.7 Crore | Total revenue generated by Dr Reddy Lab over the past twelve months. |
Net Income (TTM) | +5,333.2 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | 23.04% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | 17.78% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | +16.5% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) | -15.2% | Change in earnings compared to the same quarter last year. |
Debt-to-Equity (D/E) Ratio | 15.69 | Company's total debt divided by total shareholder equity. |
Total Debt | 4,854 Crore | Sum of Dr Reddy Lab's current & long-term financial obligations. |
Total Cash | 6,307.4 Crore | Total amount of liquid funds available to Dr Reddy Lab. |
Beta | 0.32 | Beta is less than 1 indicating that the Dr Reddy Lab's price is less volatile than the market. |
Is Dr Reddy Lab A Good Buy For Long Term?
Dr Reddy's Lab, despite being a large-cap stock with a hefty market capitalization of ₹1,07,225.59 Crore, has seen a significant decline in returns over the past year (-76.09%). Its Q2-2024-25 report shows a concerning -15.2% drop in earnings compared to the same quarter last year, even though revenue increased by 16.5% from the previous quarter. While the company boasts a healthy profit margin of 17.78% and positive cash balance, the recent performance suggests a cautious approach. It might be wise to wait for a clearer picture of the company's future prospects before considering a long-term investment.
To predict the Dr Reddy Lab's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Dr Reddy Lab Share Price Target For 2024
The line chart displays the monthly closing prices of Dr Reddy Lab with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Dr Reddy Lab shares in 2024, see the table below.
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Dr Reddy Lab Share Price Target Table For 2024
Dr Reddy Lab's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 1259.59 (+2.68%) | Price Action: 13 Nov 2024 High |
2024 Target 2 | 1246.69 (+1.63%) | Custom Fibonacci Extension Lvl 64.9% |
2024 Target 1 | 1233.96 (+0.59%) | Custom Fibonacci Extension Lvl 23.6% |
Current Price | 1226.69 | Dr Reddy Lab's 1 share price as of Thu 14 Nov 2024 |
Stop Loss 1 | 1224.46 (-0.19%) | Price Action: Chart |
Stop Loss 2 | 1210.00 (-1.37%) | Price Action: Feb 2010 High |
Stop Loss 3 | 1196.74 (-2.45%) | Fibonacci Retracement Extended 82.6% |
Summary: Dr Reddy Lab Share Price Prediction For 2024
In summary, Dr Reddy Lab has declined by ₹-4571.21, recording a notable -78.84% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Dr Reddy Lab for 2024 predicts an additional rise of 0.59% to 2.68% by the end of 2024 with three potential targets T1: 1233.96, T2: 1246.69, T3: 1259.59. Stop Loss at SL1: 1224.46, SL2: 1210.00, SL3: 1196.74.
Dr Reddy Lab has a 52-week high of ₹1421.48, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1074.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Dr Reddy Lab.
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Dr Reddy Lab Share Price Target For 2025
The line chart displays the monthly closing prices of Dr Reddy Lab with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Dr Reddy Lab shares in 2025, see the table below.
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Dr Reddy Lab Share Price Target Table For 2025
Dr Reddy Lab's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 5151.81 (+319.97%) | Price Action: Chart |
2025 Target 2 | 5055.75 (+312.14%) | Price Action: Chart |
2025 Target 1 | 5005.69 (+308.06%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 1226.69 | Dr Reddy Lab's 1 share price as of Thu 14 Nov 2024 |
Stop Loss 1 | 306.39 (-75.03%) | Price Action: Chart |
Stop Loss 2 | 303.33 (-75.28%) | Price Action: Chart |
Stop Loss 3 | 297.87 (-75.72%) | Price Action: Chart |
Summary: Dr Reddy Lab Share Price Prediction For 2025
In summary, Dr Reddy Lab has declined by ₹-4571.21, recording a notable -78.84% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Dr Reddy Lab for 2025 predicts an additional rise of 308.06% to 319.97% by the end of 2025 with three potential targets T1: 5005.69, T2: 5055.75, T3: 5151.81. Stop Loss at SL1: 306.39, SL2: 303.33, SL3: 297.87.
Dr Reddy Lab has a All-Time high of ₹7107.45, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1074.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Dr Reddy Lab, we have created a specific page for that check here: Dr Reddy Lab Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Dr Reddy Lab Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Dr Reddy Lab share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.5% over the next 15 years.
For complete year by year Dr Reddy Lab long term share price target from 2024, 2025 to 2039 check the below table.
Dr Reddy Lab Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Dr Reddy Lab Target | YoY Change % |
---|---|---|
2024 | ₹1,226.69 | [Current Price] |
2024 | ₹2,850.72 | 132.39% |
2025 | ₹3,325.15 | 16.64% |
2026 | ₹2,009.96 | -39.56% |
2027 | ₹9,959.04 | 395.48% |
2028 | ₹10,763.19 | 8.07% |
2029 | ₹11,623.49 | 7.99% |
2030 | ₹12,666.52 | 8.97% |
2031 | ₹13,809.14 | 9.02% |
2032 | ₹14,739.03 | 6.73% |
2033 | ₹15,476.68 | 5% |
2034 | ₹16,303.8 | 5.34% |
2035 | ₹17,386.7 | 6.64% |
2036 | ₹18,598.18 | 6.96% |
2037 | ₹19,519.02 | 4.95% |
2038 | ₹20,190.16 | 3.43% |
2039 | ₹21,428.48 | 6.13% |
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Dr Reddy Lab Past Performance
- In 1990, Dr Reddy Lab opening price was ₹1.45
- As of Thu 14 Nov 2024 the price stands at ₹1,226.69.
- This represents a Compound Annual Growth Rate (CAGR) of 21.24%.
- In 34 years, an investment of 10,000 would have become ₹84.59 Lakh.
As we wrap up, we hope you like our study on Dr Reddy Lab share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Dr Reddy Lab Share Price History
- Dr Reddy Lab Price Target Tomorrow
- Dr Reddy Lab Dividend History
- Dr Reddy Lab Bonus History
- Dr Reddy Lab Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.