Laurus Labs Achieves 52-Week High Amid Broader Market Decline, Showcases Strong Financial Metrics
Laurus Labs has achieved a new 52-week high, showcasing strong operational metrics and resilience in a declining market. The company boasts a high return on capital employed and an impressive operating profit to net sales ratio, reflecting robust financial health and a solid market position in the pharmaceuticals sector.
Laurus Labs, a prominent player in the Pharmaceuticals & Drugs industry, has reached a significant milestone today by hitting a new 52-week high of Rs. 660.9. This achievement comes amid a broader market context where the Sensex is experiencing a slight decline, trading at 79,920.62, down 0.24%. Despite this, Laurus Labs has demonstrated resilience, outperforming the sector with a remarkable one-year performance of 51.21%, significantly surpassing the Sensex's 8.24% return.The company has shown strong operational metrics, with a high return on capital employed (ROCE) of 18.89% and an impressive operating profit to net sales ratio of 20.15%. Additionally, Laurus Labs has reported its highest operating profit to interest ratio at 4.93 times, indicating robust financial health. The stock is currently trading above its moving averages across various time frames, reflecting a bullish technical trend.
With institutional holdings at 37.29%, Laurus Labs is well-positioned in the market, benefiting from the analytical capabilities of its investors. Overall, the stock's performance metrics and recent achievements highlight its strong market position within the pharmaceutical sector.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
