Trending stocks: Lupin share price rises nearly 1%

NEW DELHI: Shares of Lupin Ltd. traded 0.59 per cent up in Tuesday 's trade at 10:57AM (IST). Around 49785 shares changed hands on the counter.

The scrip opened at Rs 858.0 and touched an intraday high and low of Rs 863.9 and Rs 843.0 , respectively, in the session so far. The stock quoted a 52-week high of Rs 906.35 and a 52-week low of Rs 505.0 .

Lupin Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 38105.26 Crore) operating in Pharmaceuticals sector.

Lupin’s US unit announced positive top-line results from its pivotal Phase 3 clinical trial to assess efficacy and safety of single-dose Solosec oral granules in 147 female patients with trichomoniasis.


Key Financials
The company reported consolidated net sales of Rs 3716.09 crore for the quarter ended 31-Dec-2019 , down -13.52 per cent from previous quarter's Rs 4296.9 crore and down -15.12 per cent from the year-ago quarter's Rs 4377.94 crore.

The net profit after tax for the latest quarter stood at Rs -835.0 crore, up 450.25 per cent from the same quarter a year ago .

Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 10.14 per cent stake in the company , while foreign institutional investors held 22.68 per cent and the promoters 46.64 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of -104.16 and a price-to-book ratio of 2.79 . 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.

Lupin Ltd. belongs to the Pharma - Indian industry.