Pharma company will bring cheap weight loss medicine; 5% rise in shares after Q3 results, know brokerage’s opinion – Market

Dr Reddy’s Share Price: Shares of Dr Reddy’s Laboratories saw a rise of about 5% in morning trade on Thursday, January 22, 2026. Shares of the pharma company reached a high of 1224.25 in intraday trade. This rise in the stock has come after the company has reported a 14% decline in profit on an annual basis in its third quarter (Q3FY26) results. Despite the decline in profits in the quarterly results, the market has given a positive reaction.

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