Press Releases Details
Laurus Labs shares zoom 19% to hit new all-time high. Is there more heat left?
- 10 Jul 2025
- JM Financial Services
Synopsis
Laurus Labs surged over 19% in 11 days, hitting a record high of Rs 799.4. Analysts see strong bullish momentum supported by a multi-year breakout, volume patterns, and technical indicators, but advise caution for fresh buyers due to overbought conditions and potential profit-booking zones.
Laurus Labs shares have seen an impressive 19.35% surge in the last 11 days, reaching a new all-time high of Rs 799.4 today on the BSE. This rally has sparked significant investor interest, with technical analysts offering positive insights on the stock's performance and its future potential.
The stock's recent breakout above the Rs 720–Rs 725 range seems to be a key driver behind its bullish momentum.