STOCK MARKET

Laurus Labs Ltd Rises 1.19% for Third Straight Session

On Friday, Laurus Labs Ltd is quoting Rs 550.3, up 1.19 per cent in the afternoon trade. The stock is down 19.05 per cent in the last year compared to a 7.28 per cent spurt in NIFTY and a 10.49 per day high in the Nifty Metal index.

On Friday, Laurus Labs Ltd is up for a third straight session. Laurus Labs Ltd has risen around 5.38 per cent in June month. Currently, Laurus Ltd’s stock had 12982.35, up 0.09 per cent. The volume in the stock stood at 13.62 lakh shares today, compared to the daily average of 19.11 lakh shares in the last month.

The August futures contract for the shares is at Rs 551.95, up 1.28 per cent on the day. Laurus Labs Ltd fell 19.05 per cent compared to a 7.28 per cent spurt in NIFTY and a 10.49 per cent spurt in the Nifty Metal index. The PE of the stock is 38.46 based on TTM earnings ending June 22.

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