News for Laurus Labs Limited (LAURUSLABS.BO)

Equity benchmark indices traded with marginal gains in the mid-trading session on Wednesday amid mixed global cues.

The NSE Nifty index closed 156.1 points down at 24680.9

Equity benchmark indices continued to trade lower in the mid-trading session on Monday. Kotak Mahindra Bank dragged the banking and financial stocks. Tech-heavy IT stocks dipped as investors reacted to concerns over workforce cuts at TCS.

The Nifty Bank index was trading 0.03 per cent down at 56511.1.

Laurus Labs to invest ₹5,630 crore in Andhra Pradesh for Pharma Zone, creating jobs and securing land for expansion.

Laurus Labs reports surge in net profit, driven by CDMO and generics growth, hitting 52-week high on BSE.

Despite the Sensex falling 720 points on Friday, seven BSE 500 stocks including Laurus Labs, Shyam Metalics, and ICICI Bank touched new 52-week highs, reflecting strong bullish momentum amid broader market weakness.

Indian stock markets came under pressure on Friday as selling by Foreign Portfolio Investors (FPIs) weighed on investor sentiment.

The Sensex surged 317 points on Tuesday, boosting healthcare stocks. Five BSE Healthcare Index constituents hit 52-week highs, signaling strong momentum and investor interest in the sector's near-term upside potential.

The Nifty Pharma index closed 0.83 per cent up at 22410.35.

Stock market plunges on weak corporate results and global trade fears, with Nifty IT down 1.54% and smallcaps outperforming.

Top gainers & losers : Among the Nifty 50 pack, IndusInd Bank, Maruti and Tata Steel gained, while Bharti Airtel, Asian Paints, HDFC Life, Apollo Hospitals, Shriram Finance and Nestle declined.

Laurus Labs surged over 19% in 11 days, hitting a record high of Rs 799.4. Analysts see strong bullish momentum supported by a multi-year breakout, volume patterns, and technical indicators, but advise caution for fresh buyers due to overbought conditions and potential profit-booking zones.

Tata Steel, Apollo Hospital, Dr. Reddys, Tata Motors and Grasim Inds. were among the top losers on NSE.

The Nifty Pharma index was trading 0.02 per cent down at 22037.75.

The Nifty Pharma index closed 0.01 per cent up at 22041.25.

The Nifty Pharma index was trading 0.19 per cent up at 21969.5.

The Nifty Pharma index closed 0.55 per cent up at 21928.6.

The Nifty Pharma index closed 0.02 per cent up at 21808.2.