tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Laurus Labs Secures Land for Major Expansion in Andhra Pradesh

Story Highlights
Laurus Labs Secures Land for Major Expansion in Andhra Pradesh

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1