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Natco Pharma Ltd extends losing spree

Natco Pharma Ltd is quoting at Rs 782.5, down 0.76% on the day as on 13:24 IST on the NSE. The stock jumped 21.12% in last one year as compared to a 19.87% rally in NIFTY and a 16.09% spurt in the Nifty Pharma index.

March 24, 2022 1:35 IST | capital market

Natco Pharma Ltd dropped for a fifth straight session today. The stock is quoting at Rs 782.5, down 0.76% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.43% on the day, quoting at 17171.2. The Sensex is at 57481.11, down 0.35%.Natco Pharma Ltd has eased around 1.67% in last one month.Meanwhile, Nifty Pharma index of which Natco Pharma Ltd is a constituent, has increased around 6.34% in last one month and is currently quoting at 13569.65, up 1.09% on the day. The volume in the stock stood at 2.14 lakh shares today, compared to the daily average of 2.9 lakh shares in last one month.

The PE of the stock is 55.97 based on TTM earnings ending December 21.

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