Laurus Labs Ltd gained for a third straight session today. The stock is quoting at Rs 399.85, up 3.67% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 21441.55. The Sensex is at 71412.78, down 0.1%. Laurus Labs Ltd has gained around 8.64% in last one month.

Meanwhile, Nifty Pharma index of which Laurus Labs Ltd is a constituent, has gained around 3.59% in last one month and is currently quoting at 16179.8, up 1.21% on the day. The volume in the stock stood at 32.13 lakh shares today, compared to the daily average of 16.69 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 400.7, up 3.38% on the day. Laurus Labs Ltd is up 3.12% in last one year as compared to a 16.4% jump in NIFTY and a 29.48% jump in the Nifty Pharma index.

The PE of the stock is 57.53 based on TTM earnings ending September 23.