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

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,