Hot Pursuit     09-Dec-22
Laurus Labs Ltd eases for fifth straight session
Laurus Labs Ltd is quoting at Rs 412.5, down 0.06% on the day as on 13:19 IST on the NSE. The stock tumbled 21.66% in last one year as compared to a 5.59% rally in NIFTY and a 5.09% fall in the Nifty Metal index.

Laurus Labs Ltd is down for a fifth straight session today. The stock is quoting at Rs 412.5, down 0.06% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.64% on the day, quoting at 18490.6. The Sensex is at 62131.96, down 0.7%.Laurus Labs Ltd has lost around 8.5% in last one month.Meanwhile, Nifty Metal index of which Laurus Labs Ltd is a constituent, has eased around 1.71% in last one month and is currently quoting at 12728.7, up 0.26% on the day. The volume in the stock stood at 9.71 lakh shares today, compared to the daily average of 19.95 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 414.85, down 0.35% on the day. Laurus Labs Ltd tumbled 21.66% in last one year as compared to a 5.59% rally in NIFTY and a 5.09% fall in the Nifty Metal index.

The PE of the stock is 28.08 based on TTM earnings ending September 22.

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