Choice Equity Broking has initiated a "BUY" call on Laurus Labs with a target price of Rs 750, projecting a 16% upside from current levels.

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.