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Zydus Lifesciences Ltd drops for fifth straight session

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Zydus Lifesciences Ltd is quoting at Rs 1044.6, down 3.27% on the day as on 13:19 IST on the NSE. The stock jumped 67.2% in last one year as compared to a 27.59% rally in NIFTY and a 47.81% spurt in the Nifty Pharma index.

Zydus Lifesciences Ltd fell for a fifth straight session today. The stock is quoting at Rs 1044.6, down 3.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25392.05. The Sensex is at 83172.83, up 0.27%.Zydus Lifesciences Ltd has eased around 12.41% in last one month.Meanwhile, Nifty Pharma index of which Zydus Lifesciences Ltd is a constituent, has increased around 2.13% in last one month and is currently quoting at 23025.2, down 0.76% on the day. The volume in the stock stood at 20.64 lakh shares today, compared to the daily average of 35.34 lakh shares in last one month.

 

The benchmark September futures contract for the stock is quoting at Rs 1046.5, down 3.26% on the day. Zydus Lifesciences Ltd jumped 67.2% in last one year as compared to a 27.59% rally in NIFTY and a 47.81% spurt in the Nifty Pharma index.

The PE of the stock is 24.86 based on TTM earnings ending June 24.

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First Published: Sep 19 2024 | 1:35 PM IST

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