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​Dr. Reddy’s Laboratories

​Dr. Reddy’s share price: D-Street’s worst performing stock may rebound if history is any guide

Dr. Reddy’s Laboratories Ltd., one of India’s largest drug firms, is the nation’s worst-performing stock in July on disappointing earnings and a U.S. probe. But one technical indicator suggests the shares could be due a snap back. The stock’s relative strength index has dropped to a level indicating the shares are oversold. When that’s happened…
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