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Laurus Labs Ltd fell for a fifth straight session today. The stock is quoting at Rs 293, down 1.61% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 16977.9. The Sensex is at 57669.26, up 0.03%.Laurus Labs Ltd has lost around 6.73% in last one month.Meanwhile, Nifty Metal index of which Laurus Labs Ltd is a constituent, has increased around 0.89% in last one month and is currently quoting at 11882.75, down 0.12% on the day. The volume in the stock stood at 8.49 lakh shares today, compared to the daily average of 12.03 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 292.85, down 2.04% on the day. Laurus Labs Ltd tumbled 50.68% in last one year as compared to a 2.01% slide in NIFTY and a 13.82% fall in the Nifty Metal index. The PE of the stock is 18.28 based on TTM earnings ending December 22.
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