Hot Pursuit     07-Jun-22
Laurus Labs Ltd down for fifth straight session
Laurus Labs Ltd is quoting at Rs 543.85, down 1.38% on the day as on 13:19 IST on the NSE. The stock tumbled 10.67% in last one year as compared to a 4.22% rally in NIFTY and a 13.36% fall in the Nifty Metal index.

Laurus Labs Ltd is down for a fifth straight session today. The stock is quoting at Rs 543.85, down 1.38% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1% on the day, quoting at 16404.45. The Sensex is at 55063.4, down 1.1%.Laurus Labs Ltd has added around 0.23% in last one month.Meanwhile, Nifty Metal index of which Laurus Labs Ltd is a constituent, has eased around 3.84% in last one month and is currently quoting at 12412.4, down 0.95% on the day. The volume in the stock stood at 2.75 lakh shares today, compared to the daily average of 10.12 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 546, down 1.51% on the day. Laurus Labs Ltd tumbled 10.67% in last one year as compared to a 4.22% rally in NIFTY and a 13.36% fall in the Nifty Metal index.

The PE of the stock is 39.5 based on TTM earnings ending March 22.

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