Share price of Lupin jumps as Sensex gains 22.51 points

Share price of Ltd. gained 0.76 per cent to Rs 1216.55 at 10:31AM (IST) in Thursday's trade. The scrip hit a high of Rs 1219.6 and low of Rs 1204.3 so far during the session. The stock had closed at Rs 1207.35 in the previous session.

The counter had a total traded volume of 10:31AM shares so far with a turnover of Rs 4.95 crore on BSE. The stock traded at a price-to-earnings multiple of 45.07 and a price-to-book ratio of 2.13.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The 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.

Promotor/FII Holding
Promoters held 46.86 per cent stake in the company as of 31-Mar-2021, while foreign investors and domestic institutional investors ownership stood at 17.87 per cent and 22.29 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 3841.32 crore for the quarter ended 31-Mar-2021, down 4.88 per cent from the previous quarter's Rs 4038.53 crore and down 5.25 per cent from the year-ago quarter's Rs 4054.34 crore.

Its profit for the latest quarter stood at Rs 460.36 crore, up 18.15 per cent from the same quarter a year ago.