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Laurus Labs Ltd Eases for Fifth Straight Session

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Laurus Labs Ltd went down 0.06%. The stock slipped 21.66% in 2021 compared to a 5.59% rally in Nifty and a 5.09% low in the Nifty Metal index.

On December 9, Laurus Labs Ltd fell for a fifth straight session. The stock is quoted at Rs 412.5, down 0.06% on the National Stock Exchange (NSE). The benchmark Nifty is down around 0.64%, quoting 18,490.6. The Sensex is at 62,131.96 fell 0.7%. Laurus Labs Ltd lost around 8.5% in November. Meanwhile, the Nifty Metal index of Laurus Labs Ltd has eased around 1.71% in November and is currently at 12,728.7, up 0.26%.

The volume in the stock stood at 9.71 lakh shares on December 9 compared to the daily average of 19.95 lakh shares on November 22.

In the December futures contract, the stock’s benchmark is at Rs 414.85, down 0.35% today. Laurus Labs Ltd tumbled 21.66% in 2021 compared to a 5.59% rally in NIFTY and a 5.09% decline in the Nifty Metal index. As of the September quarter, the private equity of the stock is 28.08 based on TTM earnings.

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