Aurobindo Pharma Stock Rises for Third Consecutive Session
Aurobindo Pharma Ltd gains for third consecutive session
Business Standard
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Aurobindo Pharma Ltd's stock is trading at ₹1436.1, marking a 1.05% increase today and a 14.18% rise over the past year. This performance contrasts with a 0.21% drop in the NIFTY index and a 4.48% decline in the Nifty Pharma index, indicating strong resilience in a challenging market.
- 01Aurobindo Pharma's stock is up 1.05% today, reaching ₹1436.1.
- 02The stock has gained 14.18% over the past year.
- 03In contrast, the NIFTY index has dropped by 0.21% during the same period.
- 04The Nifty Pharma index has decreased by 4.48% in the last year.
- 05Aurobindo Pharma's stock volume today was 13.11 lakh shares, below the monthly average.
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Aurobindo Pharma Ltd is experiencing a positive trend, with its stock price at ₹1436.1, reflecting a 1.05% increase as of 12:49 IST on the National Stock Exchange (NSE). This marks the third consecutive session of gains for the company. Over the past year, the stock has appreciated by 14.18%, significantly outperforming the NIFTY index, which has seen a 0.21% decline, and the Nifty Pharma index, which has dropped by 4.48%. In the last month alone, Aurobindo's stock has risen by 12.06%, while the Nifty Pharma index has increased by 3.23%. Today's trading volume stood at 13.11 lakh shares, lower than the average of 17.53 lakh shares over the past month. The stock's price-to-earnings (PE) ratio is 38.5, based on trailing twelve months (TTM) earnings ending December 25.
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The stock's strong performance suggests potential stability and growth for investors, indicating a favorable outlook for Aurobindo Pharma's market position.
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