Laurus Labs Ltd rose for a third straight session today. The stock is quoting at Rs 525.1, up 1.73% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.59% on the day, quoting at 17414.15. The Sensex is at 58489.25, down 0.54%. Laurus Labs Ltd has gained around 13.61% in last one month. Meanwhile, Nifty Pharma index of which Laurus Labs Ltd is a constituent, has gained around 1.87% in last one month and is currently quoting at 13449.4, up 0.08% on the day. The volume in the stock stood at 14.5 lakh shares today, compared to the daily average of 34.76 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 527, up 1.36% on the day. Laurus Labs Ltd is up 59.63% in last one year as compared to a 28.86% jump in NIFTY and a 8.85% jump in the Nifty Pharma index. The PE of the stock is 28.26 based on TTM earnings ending September 21.
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