Laurus Labs share price jumped by 4.5 percent on Friday as the company announced better-than-expected quarterly results.

Ramco Cements, Persistent Systems, Coforge, Laurus Labs and HDFC Bank Shares witnessed strong bullish momentum on the weekly technical charts.

GNFC, Laurus Labs, Chambal Fertilisers, Ramco Cement shares were trading positive among mid-cap stocks.

Laurus Labs shares were trading firm in early trades. The stock touched 52-week high today and is currently trading 1.2 percent higher.

Laurus Labs, a major player in the pharmaceutical and biotechnology space, has been gaining traction among investors due to its strong fundamentals and sectoral potential.

KRChoksey has downgraded its stance on Laurus Labs to "ACCUMULATE" from "BUY," with a revised target price of Rs 489, implying a modest 5.4% upside from the current price of Rs 464.