Laurus Labs Ltd soars 1.88%, up for third straight session

Laurus Labs Ltd rose for a third straight session today. The stock is quoting at Rs 2182.3, up 1.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.19% on the day, quoting at 22705.75. The Sensex is at 73291.61, down 0.42%. Laurus Labs Ltd has added around 10.27% in last one month.

Meanwhile, Nifty Pharma index of which Laurus Labs Ltd is a constituent, has added around 1.54% in last one month and is currently quoting at 26267.25, up 0.96% on the day. The volume in the stock stood at 13.42 lakh shares today, compared to the daily average of 15.92 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 2190, up 2.16% on the day. Laurus Labs Ltd is up 126.92% in last one year as compared to a 12.85% fall in NIFTY and a 18.23% fall in the Nifty Pharma index.

The PE of the stock is 132.5 based on TTM earnings ending June 26.

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