Lupin shares down 2.25% as Nifty drops
A total of 19,089 shares changed hands on the counter till 11:57AM (IST).
NEW DELHI: Shares of traded 2.25 per cent down in Wednesday's trade at 11:57AM (IST). Around 19,089 shares changed hands on the counter.The stock opened at Rs 1640.35 and touched an intraday high and low of Rs 1652.9 and Rs 1608.15, respectively, in the session so far. The stock of quoted a 52-week high of Rs 1703.8 and a 52-week low of Rs 628.1.
Total market cap of the . stood at Rs 73539.79 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 5226.78 crore for the quarter ended 31-Dec-2023, up 2.91 per cent from previous quarter's Rs 5078.96 crore and up 20.43 per cent from the year-ago quarter's Rs 4340.18 crore.
The net profit for latest quarter stood at Rs 613.12 crore, up 299.5 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2023, domestic institutional investors held 18.92 per cent stake in the company, while foreign institutional investors held 16.11 per cent and the promoters 47.04 per cent.
Valuation ratio
According to data, the stock traded at a price-to-earnings multiple of 41.07 and a price-to-book ratio of 2.36. 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
