RDY drawdown: 27.1% below the all-time high
Dr. Reddy's Laboratories Ltd (RDY) is 27.1% below its all-time high, set Aug 21, 2024 (as of market close, Aug 14, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (2001).
- Below all-time high
- −27.1%
- 72.9% of ATH
- All-time high
- $16.84
- Aug 21, 2024
- Time below the high
- 2.0 yrs
- since Aug 21, 2024
- Worst-ever drawdown
- −61.1%
- Mar 9, 2009
- Longest underwater
- 4.9 yrs
- between all-time highs
- Today's level first reached
- Jul 16, 2015
- 11.1 yrs ago
- Last time this deep
- May 30, 2023
- in a previous episode
% of all-time high since 2001#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of RDY, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| May 8, 2006 | Mar 9, 2009 | −61.1% | 2.8 yrs | Sep 24, 2009 | 3.4 yrs |
| Oct 19, 2015 | May 31, 2018 | −58.0% | 2.6 yrs | Sep 18, 2020 | 4.9 yrs |
| Jan 5, 2004 | Aug 24, 2004 | −54.3% | 8 mo | Apr 19, 2006 | 2.3 yrs |
| Aug 7, 2001 | Nov 6, 2002 | −45.8% | 15 mo | Jul 11, 2003 | 1.9 yrs |
| Jul 2, 2021 | Mar 7, 2022 | −35.9% | 8 mo | Feb 12, 2024 | 2.6 yrs |
| Dec 7, 2010 | Jun 18, 2012 | −34.4% | 1.5 yrs | Jan 9, 2014 | 3.1 yrs |
| Aug 21, 2024 | Jul 22, 2026 | −32.4% | 1.9 yrs | not yet | 2.0 yrs+ |
| Jan 11, 2021 | Mar 18, 2021 | −20.7% | 2 mo | Jun 11, 2021 | 5 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2001: how far RDY stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: RDY is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is RDY from its all-time high?
- RDY is currently 27.1% below its all-time high, set Aug 21, 2024 (as of market close, Aug 14, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest RDY drawdown ever?
- The deepest decline on record in our data (since 2001) took the stock 61.1% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2001 (split-adjusted). "All-time" means since our price data begins — RDY may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.