Laurus Labs Ltd arm forms Laurus Ingredients Pvt Ltd

The Wholly-owned Subsidiary of Laurus Labs Ltd i.e. M/s. Laurus Synthesis Private Limited has incorporated a Wholly-Owned Subsidiary under name and style of M/s. LAURUS INGREDIENTS PRIVATE LIMITED with effect from January 09, 2021 for undertaking Ingredients Business and also for setting up Greenfield projects for new Synthesis Business.

The new entity i.e. Laurus Ingredients Private Limited shall be a stepdown subsidiary for Laurus Labs Limited.

Shares of Laurus Labs Ltd was last trading in BSE at Rs.350.15 as compared to the previous close of Rs. 353.55. The total number of shares traded during the day was 56875 in over 2228 trades.

The stock hit an intraday high of Rs. 359 and intraday low of 347. The net turnover during the day was Rs. 19949666.

Source : Equity Bulls

Keywords