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October 29, 2024 · PDUFA decision

RDY PDUFA decision: a positive outcome, -5.5%

On October 29, 2024, DR REDDYS LABORATORIES LTD reached its PDUFA decision. The result was a positive outcome, and the stock moved -5.5% in the window around the event.

The move

$15.69
1d before
$15.03
Event day
$14.83
1d after
$14.80
5d after

Pre-catalyst setup

-4.0%
30-day run-up
2009%
30-day volatility
1.2×
volume spike