RDY PDUFA decision: a positive outcome, -0.6%

On January 7, 2021, DR REDDYS LABORATORIES LTD reached its PDUFA decision. The result was a positive outcome, and the stock moved -0.6% in the window around the event. It had already run +10.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.