Lupin shares up 3.69% as Nifty gains
A total of 7,223 shares changed hands on the counter till 10:25AM (IST).
NEW DELHI: Shares of traded 3.69 per cent up in Wednesday's trade at 10:25AM (IST). Around 7,223 shares changed hands on the counter.The scrip opened at Rs 1582.7 and touched an intraday high and low of Rs 1625.95 and Rs 1572.25, respectively, in the session so far. The stock of quoted a 52-week high of Rs 1727.9 and a 52-week low of Rs 805.4.
As per , the total market cap of the . stood at Rs 73141.02 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 same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 16.82 per cent stake in the firm, 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 38.21 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.
Poll Trackers
Source: Stocks-Markets-Economic Times
