LAURUS Stock Today

LAURUSLABS -  India Stock  

INR 611.00  12.30  1.97%

LAURUS LABS is selling for 611.00 as of the 19th of June 2021. This is a -1.97% down since the beginning of the trading day. The stock's lowest day price was 609.0. LAURUS LABS has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. Equity ratings for LAURUS LABS LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2021 and ending today, the 19th of June 2021. Click here to learn more.
 Market Performance
27 of 100
  Odds Of Distress
Less than 14
Follow Valuation Odds of Bankruptcy
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LAURUS LABS Stock Profile

Laurus Labs Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of medicines and active pharmaceutical ingredients in India and internationally. The company was incorporated in 2005 and is based in Hyderabad, India. LAURUS LABS operates under Drug ManufacturersSpecialty Generic classification in India and is traded on National Stock Exchange of India. more on LAURUS LABS
About 49.0% of the company outstanding shares are owned by corporate insiders
Legal NameLAURUS LABS LTD
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of LAURUS LABS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
LAURUS LABS LTD (LAURUSLABS) is traded on National Stock Exchange of India in India and employs 3,612 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 262.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate LAURUS LABS's market, we take the total number of its shares issued and multiply it by LAURUS LABS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. LAURUS LABS LTD operates under Healthcare sector and is part of Drug Manufacturers—Specialty & Generic industry. The entity has 536.6 M outstanding shares. LAURUS LABS LTD has accumulated about 484.6 M in cash with 7.33 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9.
Check LAURUS LABS Probability Of Bankruptcy
Ownership
LAURUS LABS LTD holds a total of 536.6 Million outstanding shares. LAURUS LABS LTD holds noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check LAURUS Ownership Details

LAURUS Stock Price Odds Analysis

What are LAURUS LABS's target price odds to finish over the current price? Based on a normal probability distribution, the odds of LAURUS LABS jumping above the current price in 90 days from now is under 4%. The LAURUS LABS LTD probability density function shows the probability of LAURUS LABS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon LAURUS LABS LTD has a beta of -0.6757. This indicates as returns on benchmark increase, returns on holding LAURUS LABS are expected to decrease at a much lower rate. During the bear market, however, LAURUS LABS LTD is likely to outperform the market. Additionally, the company has an alpha of 0.8383, implying that it can generate a 0.84 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 611.0HorizonTargetOdds Up 611.0 
96.41%90 days
 611.00 
3.57%
Based on a normal probability distribution, the odds of LAURUS LABS to move above the current price in 90 days from now is under 4 (This LAURUS LABS LTD probability density function shows the probability of LAURUS stock to fall within a particular range of prices over 90 days) .

LAURUS LABS LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. LAURUS LABS market risk premium is the additional return an investor will receive from holding LAURUS LABS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in LAURUS LABS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although LAURUS LABS'salpha and beta are two of the key measurements used to evaluate LAURUS LABS's performance over the market, the standard measures of volatility play an important role as well.

LAURUS Stock Against Markets

Picking the right benchmark for LAURUS LABS stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in LAURUS LABS stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for LAURUS LABS is critical whether you are bullish or bearish towards LAURUS LABS LTD at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in LAURUS LABS without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Risk-Return Analysis

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Additionally, see Stocks Correlation. Note that the LAURUS LABS LTD information on this page should be used as a complementary analysis to other LAURUS LABS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for LAURUS LABS Stock

When running LAURUS LABS LTD price analysis, check to measure LAURUS LABS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LAURUS LABS is operating at the current time. Most of LAURUS LABS's value examination focuses on studying past and present price action to predict the probability of LAURUS LABS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move LAURUS LABS's price. Additionally, you may evaluate how the addition of LAURUS LABS to your portfolios can decrease your overall portfolio volatility.
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