DRREDDY.NS vs. ^BSESN
DRREDDY.NS (Dr. Reddy's Laboratories Limited) is a stock, while ^BSESN (S&P BSE SENSEX) is an index. Over the past 10 years, DRREDDY.NS returned 7.37%/yr vs 10.89%/yr for ^BSESN. At a 0.31 correlation, their price movements are largely independent.
Performance
DRREDDY.NS vs. ^BSESN - Performance Comparison
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Returns By Period
In the year-to-date period, DRREDDY.NS achieves a -3.19% return, which is significantly higher than ^BSESN's -8.30% return. Over the past 10 years, DRREDDY.NS has underperformed ^BSESN with an annualized return of 7.37%, while ^BSESN has yielded a comparatively higher 10.89% annualized return.
DRREDDY.NS
- 1D
- 0.98%
- 1M
- -3.24%
- 6M
- 5.45%
- YTD
- -3.19%
- 1Y
- -2.12%
- 3Y*
- 5.41%
- 5Y*
- 4.53%
- 10Y*
- 7.37%
- ALL TIME*
- 17.79%
^BSESN
- 1D
- 0.00%
- 1M
- 1.76%
- 6M
- -6.12%
- YTD
- -8.30%
- 1Y
- -4.41%
- 3Y*
- 5.43%
- 5Y*
- 8.41%
- 10Y*
- 10.89%
- ALL TIME*
- 10.53%
DRREDDY.NS vs. ^BSESN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRREDDY.NS Dr. Reddy's Laboratories Limited | -3.19% | -7.85% | 19.74% | 42.34% | -10.60% | -3.52% | 87.06% | 14.21% | 8.38% | -21.11% |
^BSESN S&P BSE SENSEX | -8.30% | 9.06% | 8.17% | 18.74% | 4.44% | 21.99% | 15.75% | 14.38% | 5.91% | 27.91% |
Correlation
The correlation between DRREDDY.NS and ^BSESN is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.31 |
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Return for Risk
DRREDDY.NS vs. ^BSESN — Risk / Return Rank
DRREDDY.NS
^BSESN
DRREDDY.NS vs. ^BSESN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dr. Reddy's Laboratories Limited (DRREDDY.NS) and S&P BSE SENSEX (^BSESN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DRREDDY.NS | ^BSESN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.95 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | -0.28 | +0.11 |
| Martin ratioReturn relative to average drawdown | -0.40 | -0.64 | +0.24 |
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Drawdowns
DRREDDY.NS vs. ^BSESN - Drawdown Comparison
The maximum DRREDDY.NS drawdown since its inception was -55.21%, smaller than the maximum ^BSESN drawdown of -60.91%. Use the drawdown chart below to compare losses from any high point for DRREDDY.NS and ^BSESN.
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Drawdown Indicators
| DRREDDY.NS | ^BSESN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.21% | -60.91% | +5.70% |
Max Drawdown (1Y)Largest decline over 1 year | -12.51% | -16.11% | +3.60% |
Max Drawdown (3Y)Largest decline over 3 years | -22.98% | -16.18% | -6.80% |
Max Drawdown (5Y)Largest decline over 5 years | -31.41% | -16.85% | -14.56% |
Max Drawdown (10Y)Largest decline over 10 years | -47.41% | -38.07% | -9.34% |
Current DrawdownCurrent decline from peak | -12.31% | -8.95% | -3.36% |
Average DrawdownAverage peak-to-trough decline | -16.61% | -13.54% | -3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | 7.02% | -1.61% |
Volatility
DRREDDY.NS vs. ^BSESN - Volatility Comparison
Dr. Reddy's Laboratories Limited (DRREDDY.NS) has a higher volatility of 8.37% compared to S&P BSE SENSEX (^BSESN) at 3.70%. This indicates that DRREDDY.NS's price experiences larger fluctuations and is considered to be riskier than ^BSESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRREDDY.NS | ^BSESN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 3.70% | +4.67% |
Volatility (6M)Calculated over the trailing 6-month period | 19.60% | 12.09% | +7.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.89% | 13.47% | +10.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.25% | 13.91% | +8.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.91% | 16.37% | +9.54% |
Frequently Asked Questions
DRREDDY.NS and ^BSESN have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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