Laurus Labs share price at record high after Q2 results 2026, dividend announcement - Should you buy pharma stock?
New Delhi, Oct. 30 -- Laurus Labs share price climbed nearly 6% to a record high of Rs.2,381.15 on Friday, October 30, after the pharmaceutical company reported strong September-quarter results, with revenue rising 33% year-on-year and net profit more than doubling. The company also announced an interim dividend of Re 1 per share.
The stock rose for the fifth consecutive trading session, gaining around 21% during this period. So far in 2026, Laurus Labs shares have surged 111%, significantly outperforming the Nifty 50, which has declined 12.2%. The stock has rebounded 161% from its 52-week low of Rs.913.35, recorded on February 2, 2026.
Laurus Labs reported revenue of Rs.2,206 crore for Q2FY27, compared with Rs.1,653 crore in the corres...
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