Share price of Aurobindo Pharma falls as Nifty strengthens

Share price of Aurobindo Pharma falls as Nifty strengthens
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Synopsis

A total of 105,926 shares changed hands on the counter till 10:51AM (IST).

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Shares of Ltd. slipped 0.88 per cent to Rs 1009.15 in Thursday's trade as of 10:51AM (IST).

The stock hit a high price of Rs 1038.0 and low of Rs 1003.85 during the session.

The return on equity (ROE) for the stock stood at 16.84 per cent. Traded volume on the counter stood at 10:51AM shares and turnover at Rs 10.83 crore around that time.

The stock of Aurobindo Pharma Ltd. quoted a 52-week high and 52-week low prices of Rs 1038.0 and Rs 626.7, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.06.

Promotor/FII Holding
Promoters held 51.94 per cent stake in the company as of 31-Mar-2021, while foreign investors held 26.62 per cent and domestic institutional investors had 10.99 per cent.

Key Financials
The company reported consolidated sales of Rs 6498.31 crore for the quarter ended 31-Dec-2020, down 0.59 per cent from previous quarter's Rs 6537.19 crore and down 9.66 per cent from the year-ago quarter's Rs 5925.93 crore.

Net profit after tax for the latest quarter stood at Rs 2946.46 crore, up 317.67 per cent from the same quarter a year ago.

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