Laurus Labs rises most in over two weeks on block deal

Laurus Labs

09/01/2023 05:05

** Shares of Laurus Labs  LAUL.NS  rise as much as 2.93%,
most in over two weeks since Dec. 21, 2022, to 384.80 rupees
    ** The stock is the top gainer in the Nifty Pharma index
 .NIPHARM , which rose 1.31%
    ** Over 1 mln shares changed hands in a block at 378.25
apiece, as of 10:29 a.m. IST
    ** Trading volume is about 1.50 mln shares, 0.6x the 30-day
avg of 2.45 mln shares
    ** Of the 11 analysts tracking the company, seven suggest
"buy", two recommend "hold" and two maintain "sell"; median tp
is 535 rupees
    ($1 = 82.5750 Indian rupees)
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))