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Sun Pharmaceuticals Industries Ltd stays in demand

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Capital Market
Last Updated : Jan 23 2019 | 1:31 PM IST

Sun Pharmaceuticals Industries Ltd is quoting at Rs 429.15, up 2.43% on the day as on 12:49 IST on the NSE. The stock is down 26.83% in last one year as compared to a 1.42% slide in NIFTY and a 9.01% slide in the Nifty Pharma index.

Sun Pharmaceuticals Industries Ltd is up for a third straight session today. The stock is quoting at Rs 429.15, up 2.43% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 10929.05. The Sensex is at 36451.93, up 0.02%. Sun Pharmaceuticals Industries Ltd has gained around 1.13% in last one month.

Meanwhile, Nifty Pharma index of which Sun Pharmaceuticals Industries Ltd is a constituent, has gained around 2.47% in last one month and is currently quoting at 8892.6, up 0.55% on the day. The volume in the stock stood at 167.51 lakh shares today, compared to the daily average of 147 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 432.5, up 3.12% on the day. Sun Pharmaceuticals Industries Ltd is down 26.83% in last one year as compared to a 1.42% slide in NIFTY and a 9.01% slide in the Nifty Pharma index.

The PE of the stock is 129.83 based on TTM earnings ending September 18.

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First Published: Jan 23 2019 | 1:05 PM IST

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