Lupin shares decline 1.95% as Sensex climbs

Lupin shares decline 1.95% as Sensex climbs
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A total of 55,685 shares changed hands on the counter till 01:49PM (IST)

Agencies
India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range.
Shares of the Ltd. traded at Rs 913.85 on BSE at 01:49PM (IST) on Wednesday, down 1.95 per cent from previous close.

The stock quoted a 52-week low price of Rs 872.05 and a high of Rs 1267.5.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 55,685 lakh shares changed hands on the counter till 01:49PM (IST).

The stock of Lupin Ltd. commands a market value of Rs 41475.68 crore.

The stock traded at a price-to-earning (P/E) multiple of -63.13, while the price-to-book value ratio stood at 3.36. Return on equity (ROE) was at 8.93 per cent, according to exchange data.

In the BSE500 pack, 237 stocks traded in the green, while 263 stocks were in the red.

Promotor Holding
Promoters held 46.83 per cent in the Lupin Ltd. as of 30-Sep-2021 while foreign and domestic institutional investors owned 15.66 per cent and 24.46 per cent, respectively.

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