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Laurus Labs in focus, zooms over 15%; stock hits all-time high

For the April-June, 2020 quarter, Laurus Labs posted consolidated revenue of Rs 974 crore, up 77 per cent year-on-year (YoY)

Topics
Laurus Labs | Markets Sensex Nifty | Buzzing stocks

SI Reporter  |  New Delhi 

Shares of Laurus Labs zoomed over 15 per cent to hit an all-time high of Rs 1,080 on the BSE on Monday. The company last week had reported a strong set of numbers for the quarter ended June 2020.

At 01:39 pm, the stock was trading over 7 per cent higher at Rs 1,002 on the BSE. In comparison, the benchmark S&P BSE Sensex was trading nearly 1.5 per cent lower at 37,070 levels. For the April-June, 2020 quarter, Laurus Labs posted consolidated revenue of Rs 974 crore, up 77 per cent year-on-year (YoY) while earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood ...

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First Published: Mon, August 03 2020. 13:53 IST
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