Mankind Pharma Ltd eases for fifth straight session

Mankind Pharma Ltd fell for a fifth straight session today. The stock is quoting at Rs 2496.5, down 1.18% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.54% on the day, quoting at 24755.4. The Sensex is at 80723.46, down 0.54%.Mankind Pharma Ltd has gained around 0.91% in last one month.Meanwhile, Nifty Pharma index of which Mankind Pharma Ltd is a constituent, has eased around 1.23% in last one month and is currently quoting at 21977.7, down 1.99% on the day. The volume in the stock stood at 2.14 lakh shares today, compared to the daily average of 3.32 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 2494.1, down 1.24% on the day. Mankind Pharma Ltd tumbled 3.68% in last one year as compared to a 5.44% slide in NIFTY and a 8.41% fall in the Nifty Pharma index.

The PE of the stock is 57.48 based on TTM earnings ending June 25.

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