Hot Pursuit     31-Jan-23
Laurus Labs Ltd down for fifth straight session
Laurus Labs Ltd is quoting at Rs 331.5, down 3.01% on the day as on 13:19 IST on the NSE. The stock tumbled 36.79% in last one year as compared to a 0.52% rally in NIFTY and a 7.99% fall in the Nifty Metal index.

Laurus Labs Ltd is down for a fifth straight session today. The stock is quoting at Rs 331.5, down 3.01% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.11% on the day, quoting at 17668.95. The Sensex is at 59537.92, up 0.06%.Laurus Labs Ltd has lost around 11.22% in last one month.Meanwhile, Nifty Metal index of which Laurus Labs Ltd is a constituent, has eased around 1.2% in last one month and is currently quoting at 12484, down 0.67% on the day. The volume in the stock stood at 40.02 lakh shares today, compared to the daily average of 12.55 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 334.35, down 2.64% on the day. Laurus Labs Ltd tumbled 36.79% in last one year as compared to a 0.52% rally in NIFTY and a 7.99% fall in the Nifty Metal index.

The PE of the stock is 23.32 based on TTM earnings ending September 22.

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