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Sun Pharmaceuticals Industries Ltd gains for third consecutive session

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Capital Market

Sun Pharmaceuticals Industries Ltd is quoting at Rs 436.55, up 4.6% on the day as on 12:54 IST on the NSE. The stock is down 7.3% in last one year as compared to a 24.49% drop in NIFTY and a 9.91% drop in the Nifty Pharma index.

Sun Pharmaceuticals Industries Ltd gained for a third straight session today. The stock is quoting at Rs 436.55, up 4.6% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 8813.65. The Sensex is at 30035.93, down 0.1%. Sun Pharmaceuticals Industries Ltd has risen around 10.98% in last one month.

 

Meanwhile, Nifty Pharma index of which Sun Pharmaceuticals Industries Ltd is a constituent, has risen around 8.4% in last one month and is currently quoting at 8124.85, up 3.48% on the day. The volume in the stock stood at 184.2 lakh shares today, compared to the daily average of 123.89 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 436.8, up 4.25% on the day. Sun Pharmaceuticals Industries Ltd is down 7.3% in last one year as compared to a 24.49% drop in NIFTY and a 9.91% drop in the Nifty Pharma index.

The PE of the stock is 32.04 based on TTM earnings ending December 19.

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First Published: Apr 08 2020 | 1:05 PM IST

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