Share price of Aurobindo Pharma rises as Nifty strengthens

Share price of Aurobindo Pharma rises as Nifty strengthens
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Synopsis

A total of 39,349 shares changed hands on the counter till 12:22PM (IST).

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India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range.
Shares of Aurobindo Pharma Ltd. gained 1.45 per cent to Rs 646.65 in Thursday's trade as of 12:22PM (IST).

The stock hit a high price of Rs 654.95 and low of Rs 637.4 during the session.

The return on equity (ROE) for the stock stood at 24.32 per cent. Traded volume on the counter stood at 12:22PM shares and turnover at Rs 2.54 crore around that time.

The stock of Aurobindo Pharma Ltd. quoted a 52-week high and 52-week low prices of Rs 1063.75 and Rs 584.2, 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 51.83 per cent stake in the company as of 31-Dec-2021, while foreign investors held 22.74 per cent and domestic institutional investors had 15.11 per cent.

Key Financials
The company reported consolidated sales of Rs 6067.21 crore for the quarter ended 31-Dec-2021, up 0.48 per cent from previous quarter's Rs 6038.5 crore and up 6.63 per cent from the year-ago quarter's Rs 6498.31 crore.

Net profit after tax for the latest quarter stood at Rs 604.73 crore, down 79.48 per cent from the same quarter a year ago.

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