Share price of Lupin falls as Nifty strengthens

Share price of Lupin falls as Nifty strengthens
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Synopsis

A total of 27,980 shares changed hands on the counter till 12:04PM (IST).

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Shares of Ltd. slipped 0.69 per cent to Rs 1202.5 in Wednesday's trade as of 12:04PM (IST).

The stock hit a high price of Rs 1219.05 and low of Rs 1202.5 during the session.

The return on equity (ROE) for the stock stood at 8.81 per cent. Traded volume on the counter stood at 12:04PM shares and turnover at Rs 3.39 crore around that time.

The stock of Lupin Ltd. quoted a 52-week high and 52-week low prices of Rs 1246.3 and Rs 828.65, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.75.

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

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

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

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