Today, Zydus Lifesciences Ltd is quoting Rs 422.5, up 2.71% on the NSE. The stock is down 9.49% in 2021, compared with 7.87% for the Nifty and 5.02% for the Nifty Metal index.

• How to choose the Best Stocks for Intraday F&O trading in India?
• Vedanta Outlook for the Week (May 06, 2024 – May 10, 2024)
• Tata Steel Outlook for the Week (May 06, 2024 – May 10, 2024)
• PFC Outlook for the Week (May 06, 2024 – May 10, 2024)
• Piramal Enterprises Outlook for the Week (May 06, 2024 – May 10, 2024)

On December 21, Zydus Lifesciences Ltd gained for a third straight session. The stock goes up 2.71%. The benchmark Nifty is down around 0.52%. The Sensex is at 61,361.48, down 0.55%. Zydus Lifesciences Ltd has risen around 7.71% in the previous month.

Meanwhile, the Nifty Metal index of which Zydus Lifesciences Ltd has risen around 0.24% in November and is recently quoting at 12,618.45, up 1.97%. On December 21, the volume in the stock stood at 16.66 lakh shares as compared with the daily average of 7.4 lakh shares in the previous month.

In the current month, the December futures contract for the stock rose to Rs 423.6 at 2.65%. In 2021, Zydus Lifesciences Ltd was down 9.49% compared to a 7.87% spurt in Nifty and a 5.02% spurt in the Nifty Metal index.

As on September 22, the PE of the stock is 33.96 based on TTM earnings.