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Sun Pharmaceuticals Industries Ltd extends losing spree

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Sun Pharmaceuticals Industries Ltd is quoting at Rs 355.8, down 7.81% on the day as on 13:24 IST on the NSE. The stock tumbled 22.06% in last one year as compared to a 13.97% slide in NIFTY and a 22.69% fall in the Nifty Pharma index.

Sun Pharmaceuticals Industries Ltd fell for a fifth straight session today. The stock is quoting at Rs 355.8, down 7.81% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 6.7% on the day, quoting at 9757.8. The Sensex is at 33357.1, down 6.56%.Sun Pharmaceuticals Industries Ltd has eased around 15.07% in last one month.Meanwhile, Nifty Pharma index of which Sun Pharmaceuticals Industries Ltd is a constituent, has eased around 15.6% in last one month and is currently quoting at 7623.05, down 7.71% on the day. The volume in the stock stood at 77.05 lakh shares today, compared to the daily average of 93.55 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 357, down 7.62% on the day. Sun Pharmaceuticals Industries Ltd tumbled 22.06% in last one year as compared to a 13.97% slide in NIFTY and a 22.69% fall in the Nifty Pharma index.

The PE of the stock is 29.67 based on TTM earnings ending December 19.

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First Published: Mar 12 2020 | 1:35 PM IST

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