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September 18, 2020 · PDUFA decision

RDY PDUFA decision: a positive outcome, +8.8%

On September 18, 2020, DR REDDYS LABORATORIES LTD reached its PDUFA decision. The result was a positive outcome, and the stock moved +8.8% in the window around the event.

The move

$13.31
1d before
$14.48
Event day
$14.48
1d after
$13.71
5d after

Pre-catalyst setup

-0.5%
30-day run-up
3684%
30-day volatility
1.7×
volume spike