Why Laurus Labs is going down?

Why Laurus Labs is going down?

Laurus Labs was down on profit booking after the company reported a robust set of July-September quarter (Q2FY21) numbers. The company’s profit after tax (PAT) was up 328 per cent year-on-year (YoY) at Rs 242 crore for the quarter on the back of strong operational performance.

Similarly, What is the intrinsic value of Laurus Labs?

Laurus Labs

As Of Intrinsic Value Market Price
31 Dec 2021 Rs. 273.02 Rs. 538.90
8 Apr 2022 —- Rs. 605.10
5.95 0.98%

Will Laurus Labs go up? Will Laurus Labs stock price grow / rise / go up? Yes. The Laurus Labs Ltd stock price can go up from 596.500 INR to 670.570 INR in one year.

Thereof, Why Laurus Labs is increasing?

However, Laurus Labs in Q3 results conference call said the company is witnessing increased demand for the ARV business. “Increased demand for ARV business, witnessing commodity customers and formation sales from global multilateral agencies comes from January-March quarter (Q4) onwards.

What Laurus Labs do?

Laurus Labs is a leading research and development (‘R&D’) driven pharmaceutical company in India with a leadership position in generic active pharmaceutical ingredients (‘APIs’) for select high-growth therapeutic areas of anti-retrovirals (‘ARVs’) Hepatitis C and Oncology.

Is Laurus Labs undervalued?

So, clearly looking at PE ratio and PEG ratio, Laurus Labs is looking undervalued. Laurus Labs has a solid management and product portfolio a strong competitive advantage and they already have a solid future growth plan in place, it means earnings would increase at a good rate.

What is intrinsic value of Deepak Nitrite?

Deepak Nitrite

As Of Intrinsic Value Market Price
31 Dec 2021 Rs. 1,029.44 Rs. 2,490.20
7 Apr 2022 —- Rs. 2,326.05
-3.30 -0.14%

What is the intrinsic value of Irctc?

Indian Railway Catering and Tourism Corp

As Of Intrinsic Value Market Price
31 Dec 2021 Rs. 28.45 Rs. 831.75
11 Apr 2022 —- Rs. 801.40
11.05 1.38%

Is Laurus Labs debt free?

What Is Laurus Labs’s Net Debt? You can click the graphic below for the historical numbers, but it shows that as of March 2019 Laurus Labs had ₹10.4b of debt, an increase on ₹9.80b, over one year. Net debt is about the same, since the it doesn’t have much cash.

Is Laurus Labs a good buy Quora?

Laurus Labs Ltd. is a Pharma Company. Due to Covid Wave, all pharma company stock has seen tremendous growth in their share price. Laurus Labs is also one of the stocks to see such growth and further growth is also expected from it. So one can conclude to buy Laurus Labs Share.

Which share buy now?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP Chg.(%)
Axis Bank 793.05 -0.68
B P C L 379.00 -0.42
Bajaj Auto 3,697.30 -0.40
Bajaj Finance 7,328.45 0.74

Can I buy Laurus Labs?

Edelweiss has buy call on Laurus Labs with a target price of Rs 590. The current market price of Laurus Labs Ltd. is Rs 549.85. Time period given by analyst is Intra Day when Laurus Labs Ltd. price can reach defined target.

Is Laurus Labs a debt free company?

Laurus Labs has a debt to EBITDA ratio of 2.7 and its EBIT covered its interest expense 2.9 times.

What is API plant?

Active Pharmaceutical Ingredients i.e., API refers to an active ingredient that is contained in the medication. For instance, the active ingredient for relieving pain is incorporated in the painkiller. It is called API.

What is PE ratio of Laurus Labs?

PE vs Industry: 540222 is poor value based on its PE Ratio (36.4x) compared to the Indian Pharmaceuticals industry average (25.3x).

Is Deepak Nitrite a good buy?

Deepak Nitrite | Buy | Target: Rs 2,950

We have observed MACD and RSI indicate that positive momentum continues in the stock. We recommend a buy above Rs 2,400 with a target of Rs 2,950 with a stop loss of Rs 1,990.

Is alkyl amines a good investment?

As on Apr 13,2022, the Fundamentals of ALKYL AMINES CHEMICALS look Strong and hence it may be good for long term investment!

Is Deepak Nitrite good?

Deepak Nitrite has a good ROCE of 39.9% & an ROE of 39.6%. It has reduced its debt and has a debt/equity ratio of just 0.25x. The company has delivered superb PAT growth of 64.84% CAGR over the last 5 years. It has been consistently generating positive increasing operating cash flows over the last 3 years.

What is intrinsic value of Tata Elxsi?

As of today (2022-04-06), Tata Elxsi’s Intrinsic Value: Projected FCF is ₹621.06. The stock price of Tata Elxsi is ₹8878.35. Therefore, Tata Elxsi’s Price-to-Intrinsic-Value-Projected-FCF of today is 14.3.

What is the intrinsic value of Wipro?

What is the Intrinsic Value of WIPRO ? As on Apr 13,2022, the Intrinsic Value of WIPRO is Rs. 434.18 determined based on Median of the 3 historical models.

What is PE ratio share market?

The price-to-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). The price-to-earnings ratio is also sometimes known as the price multiple or the earnings multiple.

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