Dr Reddy’s Laboratories Ltd. has been upgraded from a Sell to a Hold rating as of February 26, 2026, due to improvements in technical indicators, valuation, and fundamental financial trends. While the company’s long-term financials remain strong, recent quarterly results showed some weakness. The upgrade reflects a stabilization in price momentum and attractive valuation despite slower profit growth, warranting a cautious outlook.
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Dr Reddys Laboratories Upgraded to Hold on Technical and Valuation Improvements
Dr Reddy’s Laboratories Ltd. has been upgraded from a Sell to a Hold rating as of February 26, 2026, due to improvements in technical indicators, valuation, and fundamental financial trends. While the company’s long-term financials remain strong, recent quarterly results showed some weakness. The upgrade reflects a stabilization in price momentum and attractive valuation despite slower profit growth, warranting a cautious outlook.