Dr Reddy's Labs Jumps; CLSA Says Shares May Double In 3 Years

Dr Reddy's Labs shares jumped as much as 3 per cent today amid huge volumes. As of 12.38 p.m., 25,000 shares had changed hands as against its 2-week average of 18,000 shares.  Global brokerage CLSA says Dr Reddy's Labs shares may double in three years. The brokerage expects re-rating to happen in the stock as earnings of India's second biggest pharma company recovers and US regulatory issues are resolved.  The brokerage h...