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Laurus Labs Ltd spurts 0.27%, rises for fifth straight session

04-Dec-24 13:00 Hrs IST

Laurus Labs Ltd gained for a fifth straight session today. The stock is quoting at Rs 582.25, up 0.27% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 24439.9. The Sensex is at 80883.01, up 0.05%. Laurus Labs Ltd has gained around 19.01% in last one month.

Meanwhile, Nifty Pharma index of which Laurus Labs Ltd is a constituent, has gained around 1.21% in last one month and is currently quoting at 22445.7, down 0.26% on the day. The volume in the stock stood at 14.43 lakh shares today, compared to the daily average of 27.76 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 582, down 0.06% on the day. Laurus Labs Ltd is up 54.71% in last one year as compared to a 17.19% jump in NIFTY and a 37.94% jump in the Nifty Pharma index.

The PE of the stock is 133.14 based on TTM earnings ending September 24.

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