Ipca Laboratories Ltd dropped for a fifth straight session today. The stock is quoting at Rs 880, down 0.33% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 17627.65. The Sensex is at 59095.39, down 0.17%.Ipca Laboratories Ltd has lost around 13.11% in last one month.Meanwhile, Nifty Metal index of which Ipca Laboratories Ltd is a constituent, has eased around 2.42% in last one month and is currently quoting at 12598, up 0.23% on the day. The volume in the stock stood at 98712 shares today, compared to the daily average of 5 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 878.7, down 0.3% on the day. Ipca Laboratories Ltd tumbled 30.6% in last one year as compared to a 1.58% rally in NIFTY and a 12% fall in the Nifty Metal index.

The PE of the stock is 30.69 based on TTM earnings ending June 22.