Laurus Labs Ltd is up for a third straight session in a row. The stock is quoting at Rs 874.75, up 1.7% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 24615.6. The Sensex is at 80252.95, up 0.12%. Laurus Labs Ltd has risen around 1.57% in last one month.
Meanwhile, Nifty Pharma index of which Laurus Labs Ltd is a constituent, has risen around 1.03% in last one month and is currently quoting at 21719.95, up 0.94% on the day. The volume in the stock stood at 7.54 lakh shares today, compared to the daily average of 15.93 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 876.65, up 1.29% on the day. Laurus Labs Ltd is up 83.93% in last one year as compared to a 2.31% drop in NIFTY and a 5.43% drop in the Nifty Pharma index.
The PE of the stock is 91.1 based on TTM earnings ending June 25.
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