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    Lupin shares gain 0.83% as Sensex rises

    Synopsis

    A total of 34,168 shares changed hands on the counter till 12:21PM (IST)

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    Shares of Ltd. traded 0.83 per cent up at Rs 1062.75 at 12:21PM (IST) on Thursday, even as BSE benchmark Sensex gained 80.97 points to 49814.81. The scrip had closed at Rs 1054.05 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 1121.85 and Rs 808.5, respectively.

    As per BSE data, total traded volume on the counter till 12:21PM (IST) stood at 12:21PM shares with turnover at Rs 3.61 crore.

    At the prevailing price, the stock trades at 42.08 times its trailing 12-month EPS of Rs 25.26 per share and 2.13 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 93.72 per cent stake in the company as of 31-Mar-2021, while FIIs owned 35.74 per cent and DIIs 44.58 per cent.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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