Parnax Lab Ltd. (PARNAXLAB): Parnax Lab Share Price Rises 9.95% Today; Stock Hits Rs 131
- September 22, 2026
- Posted by: Harsh Piplani
- Category: News
Parnax Lab Share Price rose to Rs 131 today, gaining 9.95% from the previous close of Rs 119.15. The company’s market capitalisation stands at Rs 143.91 Cr, placing today’s move in a clear small-company context within the Healthcare sector. Univest is tracking this same-day share price rise as Parnax Lab Stock News because the data confirms the move but does not establish a company-specific catalyst. The stock opened at Rs 120.05, touched a day high of Rs 132 and a day low of Rs 120, while turnover stood at Rs 0.02 Cr. For investors scanning Parnax Lab Share Price Today, the key question is not just the move itself but how the valuation, profitability and sector backdrop compare with listed peers.
In this Parnax Lab Share Price update, the immediate market data shows a firm session relative to the previous close, but the supplied figures do not point to any confirmed event driver. That makes the stock relevant for Share Market Today searches and for readers tracking Stocks in News, Stock Updates and Market Movers in the Indian Stock Market. Univest is therefore focusing on verified price action, fundamentals and sector context rather than speculation.
Parnax Lab Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 131 |
| Previous Close | Rs 119.15 |
| Today's Move | Rs 11.85 (+9.95%) |
| Open | Rs 120.05 |
| High | Rs 132 |
| Low | Rs 120 |
| Turnover | Rs 0.02 crore |
| Market Capitalisation | Rs 143.91 crore |
| Market Cap Category | Micro Cap |
Parnax Lab Ltd. (PARNAXLAB) rose to Rs 131 from the previous close of Rs 119.15, a move of Rs 11.85 or 9.95%. The stock opened at Rs 120.05, reached a high of Rs 132, recorded a low of Rs 120.
Parnax Lab Share Price Today shows a rise of Rs 11.85 from the previous close, taking the stock to Rs 131 after opening at Rs 120.05. The day high of Rs 132 and day low of Rs 120 indicate that the session traded close to the upper end of the day’s range. Turnover of Rs 0.02 Cr shows the traded value recorded for the session, and the supplied data confirms the price event without identifying a company-specific reason. For readers following Parnax Lab Stock Gaining Today, the relevant facts are the day move, the range and the closing price relative to the previous session. Univest is using the verified market data only.
Parnax Lab Ltd. (PARNAXLAB) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 143.91 crore |
| P/E Ratio | 15.32x |
| P/B Ratio | 1.43x |
| ROE | 14.92% |
| ROCE | 14.71% |
| EPS | Rs 7.78 |
| Book Value Per Share | Rs 83.2 |
| Dividend Yield | 0% |
Parnax Lab Ltd. (PARNAXLAB) fundamental metrics show P/E 15.32x, P/B 1.43x, ROE 14.92%, ROCE 14.71%. These figures provide context only and are not a buy or sell signal.
Parnax Lab Ltd. has a market capitalisation of Rs 143.91 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 15.32x, P/B at 1.43x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 14.92% and ROCE of 14.71%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 7.78, book value per share of Rs 83.2, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 32.62x, median ROE of 11.74%, median ROCE of 13.63%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Healthcare |
| Industry | Pharmaceuticals & Drugs |
| Benchmark Scope | same industry |
| Company P/E Ratio | 15.32x |
| Benchmark Median P/E | 32.62x |
| Benchmark Average P/E | 49.51x |
| Benchmark P/E Range | 3.37x to 747.32x |
| Company P/B Ratio | 1.43x |
| Benchmark Median P/B | 3x |
| Company ROE | 14.92% |
| Benchmark Median ROE | 11.74% |
| Company ROCE | 14.71% |
| Benchmark Median ROCE | 13.63% |
| Company Market Capitalisation | Rs 143.91 crore |
| Benchmark Median Market Cap | Rs 746.45 crore |
Parnax Lab Ltd. (PARNAXLAB) is classified under sector: Healthcare and industry: Pharmaceuticals & Drugs.
Parnax Lab Ltd. (PARNAXLAB) has a P/E ratio of 15.32x, which is below the benchmark median of 32.62x, a difference of -53.03%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Parnax Lab Ltd. (PARNAXLAB) has a ROE of 14.92%, which is above the benchmark median of 11.74%, a difference of +27.09%. Parnax Lab Ltd. (PARNAXLAB) has a ROCE of 14.71%, which is above the benchmark median of 13.63%, a difference of +7.92%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Sun Pharmaceutical Industries Ltd. | SUNPHARMA | 4,40,397.93 | 37.05 | 5.18 | 14.85 | 19.11 |
| Divi's Laboratories Ltd. | DIVISLAB | 2,48,664.42 | 85.6 | 14.18 | 16.19 | 21.51 |
| Torrent Pharmaceuticals Ltd. | TORNTPHARM | 1,82,738.23 | 86.64 | 21.05 | 26.76 | 19.27 |
| Zydus Lifesciences Ltd. | ZYDUSLIFE | 1,15,012.19 | 25.67 | 4.3 | 19.69 | 21.39 |
| Cipla Ltd. | CIPLA | 1,10,793.75 | 33.19 | 3.18 | 11.83 | 16 |
Parnax Lab Ltd. (PARNAXLAB) has a P/E ratio of 15.32x compared with the displayed peer median of 37.05x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 14.92% compares with a peer median of 16.19% across the companies shown in the table. ROCE stood at 14.71% versus the displayed peer median of 19.27%, providing a capital-efficiency comparison. Parnax Lab Ltd. (PARNAXLAB) has a market capitalisation of Rs 143.91 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Parnax Lab
- Parnax Lab Share Price rose 9.95% today to Rs 131 after closing previously at Rs 119.15.
- The day range was Rs 120 to Rs 132, showing the stock traded close to its upper end.
- Market capitalisation stands at Rs 143.91 Cr, which frames the company’s current size.
- P/E of 15.32 and P/B of 1.43 are below the same-industry benchmark medians.
- ROE of 14.92 and ROCE of 14.71 are above the benchmark medians for the same industry.
About Parnax Lab
Parnax Lab Ltd. operates in the Healthcare sector and is classified under Pharmaceuticals & Drugs. The company’s current market data shows a share price of Rs 131 and a market capitalisation of Rs 143.91 Cr, which gives context to how the market is pricing the business today. Based on the supplied figures, investors can see a company with earnings per share of Rs 7.78, book value of Rs 83.2 and a dividend yield of 0.
Univest is using the verified company data to help readers understand Parnax Lab Share Price, Parnax Lab Stock News and Parnax Lab Stock Performance in a concise, factual way.
Track Parnax Lab Share Price on Univest
Use Parnax Lab Ltd. (PARNAXLAB) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
You can track Parnax Lab Share Price on Univest for live share price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. Univest also helps readers review Parnax Lab Share Price Today alongside valuation, sector context and peer comparison in one place.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Parnax Lab Share Price rise today?
Ans. Parnax Lab Share Price rose 9.95% to Rs 131 today, but the supplied data does not establish a company-specific catalyst. The event is confirmed through the day’s open, high, low, close and turnover.
What is Parnax Lab Share Price Today?
Ans. Parnax Lab Share Price Today is Rs 131. It was up Rs 11.85 from the previous close of Rs 119.15 and moved between Rs 120 and Rs 132 during the session.
What is Parnax Lab’s market capitalisation?
Ans. Parnax Lab’s market capitalisation is Rs 143.91 Cr. That places the company below the same-industry benchmark median and average in the supplied healthcare comparison set. The company operates in the Healthcare sector.
How does Parnax Lab compare on valuation?
Ans. Parnax Lab trades at a P/E of 15.32 and a P/B of 1.43. Both are below the same-industry benchmark medians of 32.62 and 3, respectively, based on the supplied data.
What do Parnax Lab’s ROE and ROCE show?
Ans. Parnax Lab’s ROE is 14.92 and ROCE is 14.71. Both are above the benchmark medians for the same industry, which suggests the supplied profitability data is better than the benchmark midpoint.
What is EPS and book value for Parnax Lab?
Ans. EPS is Rs 7.78 and book value is Rs 83.2 per share. EPS shows earnings attributable to each share, while book value reflects the accounting net worth behind each share.