India's Laurus Labs closes up after USFDA report for Visakhapatnam facility

Laurus Labs

15/06/2023 11:14

** Shares of Laurus Labs  LAUL.NS  close up 2.16% at 366.75
rupees, their highest closing level since Jan. 11
    ** Co receives Establishment Inspection Report From USFDA
after inspection at Visakhapatnam facility
    ** Around 3.42 mln shares traded by close of trade, 1.3x the
30-day avg
    ** Avg rating of 11 brokerages around equivalent of "hold"
with median PT of 315.00 rupees - Refinitiv data
    ** Stock cuts YTD loss to 2.27% from 4.33% at last close

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))