Divi’s Labs hits record high on fourth straight gain

Divi’s Laboratories shares rose as much as 6.55% to a record high of 11,824 on 9 Nov 2026, extending gains to a fourth session. Support is at 9,740 and resistance at 11,824. Divi’s Laboratories Limited [ DIVISLAB ] shares surged up to 6.55% in morning trade on 9 November 2026 and hit a fresh all-time high of Rs 11,824. The stock opened at Rs 11,097, and the day’s low was Rs 11,071. It was trading 5.24% higher at Rs 11,678. Today is the fourth straight session of gains. Nine of the previous ten trading sessions also ended in the green. On the daily chart, price has broken out of the 9,000-9,700 consolidation range of August to October. It has also cleared the earlier swing high near 10,300, after rallying from the April low near 5,700. Volume on the day is among the highest in recent sessions, which supports the breakout. The earlier resistance at 9,740 may now act as support. In my view, the trend is strongly bullish, with the stock trading at an all-time high. A sustained move above 11,824 would bring the next leg of the rally into focus. A fall below the day’s low of 11,071 would signal short-term weakness. A break of 9,740 support would damage the structure and put a deeper pullback in view. Stance: strongly bullish while 9,740 holds, with 11,824 as resistance. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.