Lupin shares gain 0.74% as Sensex rises
A total of 4,522 shares changed hands on the counter till 11:47AM (IST)
Shares of traded 0.74 per cent up at Rs 1610.0 at 11:47AM (IST) on Monday, even as benchmark gained 434.01 points to 74682.23. The scrip had settled at Rs 1598.15 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 1703.8 and Rs 655.75, respectively.
As per BSE data, total traded volume on the counter till 11:47AM (IST) stood at 11:47AM shares with turnover at Rs 0.73 crore.
At the current price, shares of the company trades at 40.79 times its trailing 12-month earnings per share of Rs 39.33 per share and 2.36 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.75.
Shareholding Details
Promoters held 47.04 per cent stake in the company as of 31-Dec-2023, while FIIs owned 16.11 per cent and DIIs 29.58 per cent.
Source: Stocks-Markets-Economic Times
