₹447.35
1.18%
Low
Day's Volatility:2.67%
High
1.49%
33.09%
Low
52 Weeks Volatility:38.38%
High
5.29%
Returns % | |
1 Month Return | 2.27 % |
3 Month Return | 15.65 % |
1 Year Return | 40.26 % |
Market Stats | |
Previous Close | ₹450.20 |
Open | ₹450.75 |
Volume | 10.14L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹24,264.24Cr |
based on 14 analysts
Based on 14 analysts offering long term price targets for Laurus Labs Ltd. An average target of ₹377.79
Source: S&P Global Market Intelligence
Organisation | Laurus Labs Ltd |
Headquarters | Hyderabad |
Industry | Pharmaceuticals |
E-voting on shares | Click here to vote |
Key events for Laurus Labs Ltd
Laurus Labs is set to see an increase in its stock price after KR Choksey upgraded the company's rating from Accumulate to Buy, citing improved margins over FY25E-FY26E. The company also reported a sequential uptick in both top line and margins in Q4FY24, while analysts expect strong growth over the next few years.
Laurus Labs to Pay Dividend, Yield at 0.2% - 28 Apr, 2024
Laurus Labs Limited will pay a dividend of ₹0.40 per share on August 10th, with a yield of 0.2%. While EPS growth is positive, the low payout ratio and negative free cash flows make relying on this stock for dividend income risky.
Mixed Results for Laurus Labs in Q4 and FY2024 Earnings Reports - 27 Apr, 2024
Laurus Labs' Q4 results show strong revenue growth but a decline in net income compared to the previous year. The company's FY2024 earnings report reveals an 80% YoY drop in net income and an EPS that missed analyst estimates by 17%. Despite this, the company is forecasted to see steady revenue growth over the next three years.
Mixed Analyst Views on Laurus Labs' Future Prospects - 26 Apr, 2024
Laurus Labs reports better-than-expected revenue in Q4FY24, but Jefferies maintains an underperform rating due to weak CDMO performance. Motilal Oswal has a buy call with a target price of Rs 480, while analysts note that CDMO services are key to improved prospects, but delays in crucial projects and lack of visibility on commercial contracts remain concerns.
Laurus Labs' Q4FY24 Net Profit Falls 25% - 25 Apr, 2024
Laurus Labs reports a decline in net profit by 25% YoY in the March quarter, while revenue rose by 4%. The company's EBITDA margin was at 16.7%, missing expectations. Laurus Labs declared an interim dividend of Rs 0.40 per share.
Laurus Labs' API Manufacturing Facility Clears USFDA Inspection - 22 Apr, 2024
Laurus Labs announced that its API manufacturing facility located in Parawada, Anakapalli (Vishakapatnam), Andhra Pradesh has cleared the US Food and Drug Administration (USFDA) inspection with zero observations.
Laurus Labs' API Manufacturing Facility Clears USFDA Inspection - 20 Apr, 2024
Laurus Labs' API manufacturing facility in Andhra Pradesh has cleared the USFDA inspection with zero observations. The company specializes in generic APIs and anti-retroviral, oncology, cardiovascular, gastro, and hepatitis C therapeutics.
Laurus Labs Among Top Picks by Axis Securities Expert - 18 Apr, 2024
Rajesh Palviya, Head Technical Research at Axis Securities, has selected Laurus Labs Ltd as one of his top picks for the day. The stock is expected to reach a target of Rs 455-460 with a stop loss of Rs 436.
Mitessh Thakkar Recommends Buy Call on Laurus Labs - 15 Apr, 2024
Technical analyst Mitessh Thakkar recommends a buy call on Laurus Labs with an upside target of ₹1,720 and stop loss at ₹1,669. Shares have gained over 6% in the last month.
Goldman Sachs Initiates Sell Rating on Laurus Labs - 12 Apr, 2024
Laurus Labs is likely to see its shares fall as much as 23% over the next 12 months, according to Goldman Sachs. The brokerage initiated coverage on Laurus Labs with a sell recommendation and with a price target of ₹350.
Laurus Labs Undergoes Transformation to Become Integrated Pharma Company - 04 Apr, 2024
Laurus Labs shifts focus towards becoming an integrated pharma company with significant growth in the CDMO segment and a new biotech business through acquisition of Richcore Life Sciences. The stock is up 43.85% in the last year.
Laurus Labs Ltd Up 2.73% on NSE - 02 Apr, 2024
Laurus Labs Ltd is up 2.73% on the NSE, trading at Rs 416.3 as of 12:49 IST. The stock has seen a 36.65% increase in the last year compared to a 28.88% spurt in NIFTY and a 58.71% spurt in the Nifty Pharma index. The PE ratio based on TTM earnings ending December 23 is 103.09.
Laurus Labs Revenue Grows at 27% CAGR in Last Five Years - 01 Apr, 2024
Indian CDMO player, Laurus Labs, is expanding with a ₹990 crore investment. The company has grown its revenues at a compound annual growth rate (CAGR) of 27% over the last five years, with 60% of revenue coming from US and European customers.
Fundamentals of Laurus Labs Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 5.58% to 6.68% in Mar 2024 quarter
FII Holding Up
Foreign Institutions have increased holdings from 25.39% to 25.97% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 2 quarters, 1.19K Cr → 1.45K Cr (in ₹), with an average increase of 17.9% per quarter
Profit Spike
Netprofit is up for the last 2 quarters, 23.14 Cr → 75.61 Cr (in ₹), with an average increase of 69.4% per quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 27.19% of holdings in Mar 2024 quarter
Against Peers
In the last 1 year, Sun Pharmaceuticals Industries Ltd has given 55.2% return, outperforming this stock by 14.9%
Against Peers
In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 134.2% return, outperforming this stock by 143.1%
Price Dip
In the last 3 years, LAURUSLABS stock has moved down by -8.9%
Retail Holding Down
Retail Investor have decreased holdings from 36.29% to 35.07% in Mar 2024 quarter
Laurus Labs Ltd in the last 5 years
Lowest (16.96x)
March 28, 2023
Industry (62.63x)
May 3, 2024
Today (150.12x)
May 3, 2024
Highest (193.71x)
September 18, 2020
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 27.19% | 0.00 | |
Foreign Institutions | 25.97% | 0.00 | |
Mutual Funds | 6.68% | 0.00 | |
Retail Investors | 35.07% | 0.00 | |
Others | 5.09% | 0.00 |
Technicals of Laurus Labs Ltd share
News & Events of Laurus Labs Ltd
Laurus Labs Ltd (LAURUSLABS) share price today is ₹447.35
Laurus Labs Ltd is listed on NSE
Laurus Labs Ltd is listed on BSE
PE Ratio of Laurus Labs Ltd is 150.12
PE ratio = Laurus Labs Ltd Market price per share / Laurus Labs Ltd Earnings per share
Today’s traded volume of Laurus Labs Ltd(LAURUSLABS) is 10.14L.
Today’s market capitalisation of Laurus Labs Ltd(LAURUSLABS) is ₹24264.24Cr.
Laurus Labs Ltd(LAURUSLABS | Price |
---|---|
52 Week High | ₹471 |
52 Week Low | ₹299.3 |
Laurus Labs Ltd(LAURUSLABS) share price is ₹447.35. It is down -5.02% from its 52 Week High price of ₹471
Laurus Labs Ltd(LAURUSLABS) share price is ₹447.35. It is up 49.47% from its 52 Week Low price of ₹299.3
Laurus Labs Ltd(LAURUSLABS | Returns |
---|---|
1 Day Returns | -2.85% |
1 Month Returns | 2.27% |
3 Month Returns | 15.65% |
1 Year Returns | 40.26% |