NSE: LAURUSLABS · 8 October 2026 · Pre-market update
- Laurus Labs Limited announced an equity investment of INR 12.10 crore in Kurnool Renewables Private Limited via a rights issue, maintaining its 26% stake. The development puts the stock in focus ahead of the market open on October 8, 2026, following recent positive technical momentum.
- Laurus Labs Limited has invested INR 12,09,60,500 to acquire 1,20,96,050 equity shares of Kurnool Renewables Private Limited (KRPL) through a rights issue. Consequent to this transaction, the company's total holding in its associate firm stands at 2,11,68,000 equity shares, preserving its 26% shareholding stake.
- Trading volume was 0.95 times the 20-day average daily volume.
Laurus Labs Company News Before Market Open
Laurus Labs Limited announced an equity investment of INR 12.10 crore in Kurnool Renewables Private Limited via a rights issue, maintaining its 26% stake. The development puts the stock in focus ahead of the market open on October 8, 2026, following recent positive technical momentum.
The equity investment in Kurnool Renewables preserves the company's 26% associate stake in the renewable energy provider. The stock enters the session following a positive prior-session close of ₹2052.80 with a 0.14% gain on October 7, 2026. Laurus Labs has demonstrated steady short-term momentum, registering a 3.68% return over the past 5 trading days.
15.00 lakh shares traded on 7 October 2026. This compares with a 20-day average daily volume of 15.77 lakh shares (0.95 times). The five-day average daily volume was 12.86 lakh shares.
The equity investment in Kurnool Renewables preserves the company's 26% associate stake in the renewable energy provider. The stock enters the session following a positive prior-session close of ₹2052.80 with a 0.14% gain on October 7, 2026. Laurus Labs has demonstrated steady short-term momentum, registering a 3.68% return over the past 5 trading days.
Latest Company Developments
Laurus Labs Limited has invested INR 12,09,60,500 to acquire 1,20,96,050 equity shares of Kurnool Renewables Private Limited (KRPL) through a rights issue. Consequent to this transaction, the company's total holding in its associate firm stands at 2,11,68,000 equity shares, preserving its 26% shareholding stake.
The capital injection maintains the company's strategic 26% equity interest in its associate renewable energy supplier.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 10.15% on 30 June 2026. This compares with 11.22% on 31 March 2026, a change of -1.07 percentage points.
The filing reported 38 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Investor reaction and trading volume relative to the prior volume of 1,49,9990 shares at the market open.
- Price action around the previous trading day's high of ₹2065.20, which also marks the current 52-week high.
- Support levels near the prior session's low of ₹2035.60 and the 20-day average close of ₹1986.03.
Other Dated Coverage
- Laurus Labs Share Price Today: Why LAURUSLABS Is Rising 0.14% | 7 October 2026 — 7 October 2026
- Why Laurus Labs Shares Are Rising 3.99% Today | 6 October 2026 — 6 October 2026
More Laurus Labs news and dated analysis →
Frequently Asked Questions
What is the latest Laurus Labs company news?
Laurus Labs Limited has invested INR 12,09,60,500 to acquire 1,20,96,050 equity shares of Kurnool Renewables Private Limited (KRPL) through a rights issue. Consequent to this transaction, the company's total holding in its associate firm stands at 2,11,68,000 equity shares, preserving its 26% shareholding stake.
How strong was Laurus Labs’s trading volume?
15.00 lakh shares traded, 0.95 times the 20-day average daily volume. The price and volume data are dated 7 October 2026.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.