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Laurus Labs Ltd Tumbles at 23.86%

Laurus Labs Ltd was the biggest loser in the BSE's 'A' group.

On NSE, Laurus Labs Ltd is quoting Rs 495.7, down 0.61 per cent. The company’s stock fell to 23.86 per cent in 2021 compared to a 7.23 per cent slide in NIFTY and a 12.66 per cent fall in the Nifty Metal index.

On Thursday, Laurus Labs Ltd dropped for a fifth straight session, and the stock is quoting at Rs 495.7, down 0.61 per cent. The benchmark NIFTY is down around 0.65 per cent. The Sensex is at 57256.67, down 0.64 per cent. Laurus Labs Ltd lost around 9.61 per cent in September month. Meanwhile, the Nifty Metal index of Laurus Labs Ltd increased around 1.43 per cent in September. The stock was quoted at 12839.35, up 0.19 per cent on the day. The volume in the stock stood at 9.23 lakh shares on October 13 compared to the daily average of 10.13 lakh shares in September.In the October futures contract, the benchmark for the stock is quoted at Rs 496.75, down 0.51 per cent. Laurus Labs Ltd went down by 23.86 per cent in 2021 compared to a 7.23 per cent slide in NIFTY and a 12.66 per cent fall in the Nifty Metal index. On June 22, the private equity of the stock is based on TTM earnings.

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