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Torrent Pharmaceuticals Ltd rises for third consecutive session

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Torrent Pharmaceuticals Ltd is quoting at Rs 1589.35, up 1.89% on the day as on 12:49 IST on the NSE. The stock is up 1.57% in last one year as compared to a 3.75% slide in NIFTY and a 10.68% slide in the Nifty Metal index.

Torrent Pharmaceuticals Ltd is up for a third straight session in a row. The stock is quoting at Rs 1589.35, up 1.89% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.39% on the day, quoting at 17027.05. The Sensex is at 57199.6, down 0.4%. Torrent Pharmaceuticals Ltd has gained around 4.51% in last one month.

 

Meanwhile, Nifty Metal index of which Torrent Pharmaceuticals Ltd is a constituent, has gained around 5.29% in last one month and is currently quoting at 12971.9, up 1.99% on the day. The volume in the stock stood at 2.16 lakh shares today, compared to the daily average of 3.4 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1596.55, up 1.97% on the day. Torrent Pharmaceuticals Ltd is up 1.57% in last one year as compared to a 3.75% slide in NIFTY and a 10.68% slide in the Nifty Metal index.

The PE of the stock is 50.52 based on TTM earnings ending June 22.

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First Published: Oct 03 2022 | 1:05 PM IST

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