Laurus Labs Ltd spurts 1.19%, rises for third straight session

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Capital Market
Last Updated : Aug 05 2022 | 1:16 PM IST

Laurus Labs Ltd is quoting at Rs 550.3, up 1.19% on the day as on 12:49 IST on the NSE. The stock is down 19.05% in last one year as compared to a 7.28% spurt in NIFTY and a 10.49% spurt in the Nifty Metal index.

Laurus Labs Ltd is up for a third straight session today. The stock is quoting at Rs 550.3, up 1.19% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 17419.75. The Sensex is at 58478.24, up 0.31%. Laurus Labs Ltd has risen around 17.32% in last one month.

Meanwhile, Nifty Metal index of which Laurus Labs Ltd is a constituent, has risen around 5.38% in last one month and is currently quoting at 12982.35, up 0.09% on the day. The volume in the stock stood at 13.62 lakh shares today, compared to the daily average of 19.11 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 551.95, up 1.28% on the day. Laurus Labs Ltd is down 19.05% in last one year as compared to a 7.28% spurt in NIFTY and a 10.49% spurt in the Nifty Metal index.

The PE of the stock is 38.46 based on TTM earnings ending June 22.

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First Published: Aug 05 2022 | 1:05 PM IST

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