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Laurus Labs Ltd. ( (IN:LAURUSLABS) ) has issued an update.
Laurus Labs Ltd. has been allotted 531.77 acres of land by the Government of Andhra Pradesh in Anakapalli District for the establishment of Laurus Pharma Zone (LPZ). This strategic move involves an investment of 5,630 Crores and aims to create 6,350 jobs over eight years, marking a significant step in the company’s expansion plans and strengthening its position in the pharmaceutical industry.
More about Laurus Labs Ltd.
Laurus Labs Ltd. operates in the pharmaceutical industry, focusing on the manufacturing of active pharmaceutical ingredients (APIs) and finished dosage forms. The company is known for its emphasis on innovation and quality in the pharmaceutical sector.
Average Trading Volume: 74,565
Technical Sentiment Signal: Buy
Current Market Cap: 452.2B INR
Find detailed analytics on LAURUSLABS stock on TipRanks’ Stock Analysis page.