Lupin shares up 0.98% as Nifty gains

Lupin shares up 0.98% as Nifty gains
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Synopsis

A total of 21,312 shares changed hands on the counter till 10:51AM (IST).

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: Shares of Ltd. traded 0.98 per cent up in Monday's trade at 10:51AM (IST). Around 21,312 shares changed hands on the counter.

The scrip opened at Rs 1124.95 and touched an intraday high and low of Rs 1125.25 and Rs 1111.3, respectively, in the session so far. The stock of Lupin Ltd. quoted a 52-week high of Rs 1267.5 and a 52-week low of Rs 856.0.

As per BSE, the total market cap of the Lupin Ltd. stood at Rs 50775.84 crore at the time of writing this report.

Did you Know?

Stock score of Lupin Ltd moved down by 2 in a week on a 10-point scale.

View Latest Stock Report »

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.

The net profit for latest quarter stood at Rs 460.36 crore, up 18.15 per cent from the corresponding quarter last year.

Shareholding pattern
As of 30-Jun-2021, DIIs held 11.43 per cent stake in the firm, while foreign institutional investors held 18.6 per cent and the promoters 46.55 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 41.74 and a price-to-book ratio of 3.36. 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.

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