Ipca Laboratories Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1309.5, down 1.06% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 25084.95. The Sensex is at 81868.07, down 0.56%.Ipca Laboratories Ltd has eased around 0.06% in last one month.Meanwhile, Nifty Pharma index of which Ipca Laboratories Ltd is a constituent, has eased around 0.79% in last one month and is currently quoting at 22205.1, down 0.82% on the day. The volume in the stock stood at 63454 shares today, compared to the daily average of 2.11 lakh shares in last one month.

The PE of the stock is 36.96 based on TTM earnings ending June 25.