Dr Reddy's Laboratories Ltd ADR

RDY: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$75.00	Xrkht	Qrcmcqpzt

Dr. Reddy's Posts Solid Results After Strong Season of Product Launches

Damien Conover

Nov 2, 2021

Dr. Reddy’s posted solid second-quarter results. A confluence of factors led to strong top line growth, but we place this in perspective against the high costs of maintaining market share in this industry long-term. We maintain our fair value estimate of $49 per share and our no-moat rating.

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