Laurus Labs hits new high in subdued market, surges 30% in a month

The company is scheduled to meet on April 29, 2021, to consider and approve the audited financial results of the company for the financial year ended March 31, 2021

Shares of Laurus Labs hit a new high of Rs 467.90, up 3 per cent on the BSE in intra-day trade on Friday in an otherwise subdued market. In the past one month, the stock has rallied 30 per cent on the expectation of a strong performance by the company’s formulations segment. In comparison, the S&P BSE Sensex has shed 4 per cent during the same period.

Laurus Labs on Thursday announced that the board of directors of the company are scheduled to meet on  April 29, 2021, to consider and approve the audited financial results of the company for the