Dr Reddy’s gets a Sputnik boost, but there’s lack of clarity on quantum of gains

Dr Reddy’s Laboratories Ltd has continued to remain in limelight with the developments regarding its vaccines. With the approval of the covid-19 vaccine, the stock had gained about 5% on Monday. However, the lack of clarity on the quantum of gains for Dr Reddy’s also meant that the stock corrected more than 3% on Tuesday.