Lupin shares down 0.54% as Nifty drops
A total of 15,695 shares changed hands on the counter till 11:06AM (IST).
NEW DELHI: Shares of traded 0.54 per cent down in Wednesday's trade at 11:06AM (IST). Around 15,695 shares changed hands on the counter.The stock opened at Rs 1837.0 and touched an intraday high and low of Rs 1837.0 and Rs 1791.1, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 1837.0 and a 52-week low of Rs 896.3.
As per , the total market cap of the . stood at Rs 81958.41 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 4990.04 crore for the quarter ended 31-Mar-2024, down 4.53 per cent from previous quarter's Rs 5226.78 crore and down 11.7 per cent from the year-ago quarter's Rs 4467.35 crore.
The net profit for latest quarter stood at Rs 359.43 crore, up 52.33 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 16.82 per cent stake in the company, while foreign institutional investors held 18.28 per cent and the promoters 46.73 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 42.81 and a price-to-book ratio of 5.16. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
. belongs to the Pharma - Indian industry.
Source: Stocks-Markets-Economic Times
