Torrent Pharmaceuticals Ltd eases for fifth straight session

9 Feb 2022 , 01:35 PM

Torrent Pharmaceuticals Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2573.95, down 1.01% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.86% on the day, quoting at 17414.6. The Sensex is at 58282.1, up 0.82%.Torrent Pharmaceuticals Ltd has eased around 18.14% in last one month.Meanwhile, Nifty Pharma index of which Torrent Pharmaceuticals Ltd is a constituent, has eased around 2.35% in last one month and is currently quoting at 13444.7, up 0.65% on the day. The volume in the stock stood at 1.37 lakh shares today, compared to the daily average of 3.12 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 2589.6, down 0.62% on the day. Torrent Pharmaceuticals Ltd tumbled 0.47% in last one year as compared to a 15.28% rally in NIFTY and a 4.86% spurt in the Nifty Pharma index.

The PE of the stock is 41.93 based on TTM earnings ending December 21.

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