Laurus Labs share price: Buy Laurus Labs, target price Rs 80

Laurus Labs share price: Buy Laurus Labs, target price Rs 800: Motilal Oswal


Motilal Oswal has buy call on Laurus Labs with a target price of Rs 800. The current market price of
Laurus Labs Ltd. is Rs 674.6. Time period given by analyst is one year when Laurus Labs price can reach defined target.
Laurus Labs Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 36448.72 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1416.45 Crore, up 9.35 % from last quarter Total Income of Rs 1295.35 Crore and up 68.46 % from last year same quarter Total Income of Rs 840.82 Crore. Company reported net profit after tax of Rs 296.92 Crore in latest quarter.

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