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Here’s Why Laurus Labs’ Shares Have Rallied This Year
Shares of Laurus Labs have surged more than fourfold so far this year. Here’s why.
02 Dec 2020, 07:46 PM IST
Shares of Laurus Labs Ltd. have surged more than fourfold so far this year led by improved earnings over the past few quarters and growth prospects amid a pandemic that’s boosted demand for its products.The Hyderabad-based drugmaker has gained 341.04% so far this year, according to Bloomberg data. Among its listed peers in the S&P BSE Healthcare Index, only Aarti Drugs Ltd. and IOL Chemicals and Pharmaceuticals Ltd. have returned mor...
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