Laurus Labs Ltd gains for third straight session

5 Apr 2022 , 01:05 PM

Laurus Labs Ltd is up for a third straight session today. The stock is quoting at Rs 613.75, up 2.22% 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%. Laurus Labs Ltd has gained around 16.22% in last one month.

Meanwhile, Nifty Pharma index of which Laurus Labs Ltd is a constituent, has gained 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 11.35 lakh shares today, compared to the daily average of 19.69 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 608, up 0.69% on the day. Laurus Labs Ltd is up 54.75% in last one year as compared to a 22.63% jump in NIFTY and a 10.4% jump in the Nifty Pharma index.

The PE of the stock is 39.24 based on TTM earnings ending December 21.

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