Share price of Lupin falls as Sensex gains 325.42 points
Promoters held 46.73 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 18.28 per cent and 16.82 per cent, respectively.
The share price of dropped 0.79 per cent to Rs 1623.2 at 01:49PM (IST) in Tuesday's trade. The stock has hit a high of Rs 1637.0 and low of Rs 1616.0 so far during the session. The stock had closed at Rs 1636.25 in the previous session.The counter has had a total traded volume of 16624 shares so far with a value of Rs 2.69 crore on the . It traded at a price-to-earnings multiple of 38.71 and a price-to-book ratio of 5.16.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 101.13 per cent during the past one year, while the 30-share index advanced 22.66 per cent during the same period.
belongs to the Pharma - Indian industry.
Promotor/FII Holding
Promoters held 46.73 per cent stake in the company as of 31-Mar-2024, while FIIs and domestic institutional investors ownership stood at 18.28 per cent and 16.82 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 4990.04 crore for the quarter ended 31-Mar-2024, down 4.53 per cent from the previous quarter's Rs 5226.78 crore and down 11.7 per cent from the year-ago quarter's Rs 4467.35 crore.
Profit for the latest quarter stood at Rs 359.43 crore, up 52.33 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
