Hot Pursuit     08-Jun-22
Ipca Laboratories Ltd rises for third consecutive session
Ipca Laboratories Ltd is quoting at Rs 873.7, up 1.12% on the day as on 12:49 IST on the NSE. The stock is down 14.33% in last one year as compared to a 5.27% gain in NIFTY and a 12.62% gain in the Nifty Metal index.

Ipca Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 873.7, up 1.12% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 16458.95. The Sensex is at 55178.56, up 0.13%. Ipca Laboratories Ltd has dropped around 11.48% in last one month.

Meanwhile, Nifty Metal index of which Ipca Laboratories Ltd is a constituent, has dropped around 3.51% in last one month and is currently quoting at 12279.65, up 0.46% on the day. The volume in the stock stood at 77241 shares today, compared to the daily average of 4.06 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 874.75, up 1.25% on the day. Ipca Laboratories Ltd is down 14.33% in last one year as compared to a 5.27% gain in NIFTY and a 12.62% gain in the Nifty Metal index.

The PE of the stock is 25.14 based on TTM earnings ending March 22.

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