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Natco Pharma Ltd eases for fifth straight session

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Capital Market

Natco Pharma Ltd is quoting at Rs 535.7, down 0.7% on the day as on 13:19 IST on the NSE. The stock tumbled 6.25% in last one year as compared to a 0.46% rally in NIFTY and a 12.8% fall in the Nifty Metal index.

Natco Pharma Ltd fell for a fifth straight session today. The stock is quoting at Rs 535.7, down 0.7% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 17052.85. The Sensex is at 57879.3, down 0.04%.Natco Pharma Ltd has lost around 0.38% in last one month.Meanwhile, Nifty Metal index of which Natco Pharma Ltd is a constituent, has eased around 5.18% in last one month and is currently quoting at 11597.95, up 0.55% on the day. The volume in the stock stood at 1.49 lakh shares today, compared to the daily average of 2.72 lakh shares in last one month.

 

The PE of the stock is 30.61 based on TTM earnings ending December 22.

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First Published: Mar 15 2023 | 1:35 PM IST

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