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Natco Pharma Ltd continues to edge higher

Natco Pharma Ltd is quoting at Rs 824.45, up 3.41% on the day as on 12:54 IST on the NSE. The stock is down 0.74% in last one year as compared to a 22.63% jump in NIFTY and a 10.4% jump in the Nifty Pharma index.

April 05, 2022 1:05 IST | capital market

Natco Pharma Ltd is up for a third straight session today. The stock is quoting at Rs 824.45, up 3.41% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.26% on the day, quoting at 18006.7. The Sensex is at 60373.63, down 0.39%. Natco Pharma Ltd has slipped around 2.36% in last one month.

Meanwhile, Nifty Pharma index of which Natco Pharma Ltd is a constituent, has slipped around 10.41% in last one month and is currently quoting at 13789.25, up 0.47% on the day. The volume in the stock stood at 3.63 lakh shares today, compared to the daily average of 3.24 lakh shares in last one month.

The PE of the stock is 56.67 based on TTM earnings ending December 21.

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