Share price of Lupin falls as Sensex drops 643.34 points

Share price of Lupin Ltd. dropped 3.83 per cent to Rs 725.35 at 12:58PM (IST) in Monday's trade. The counter hit a high of Rs 751.45 and low of Rs 723.1 so far during the session. The stock had closed at Rs 754.25 in the previous session.

The counter had a total traded volume of 12:58PM shares so far with a turnover of Rs 2.89 crore on BSE. The stock traded at a price-to-earnings multiple of -60.0 and a price-to-book ratio of 3.36.

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 46.78 per cent stake in the company as of 31-Mar-2022, while foreign investors and domestic institutional investors ownership stood at 14.65 per cent and 26.91 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 4194.99 crore for the quarter ended 31-Dec-2021, up 0.74 per cent from the previous quarter's Rs 4164.14 crore and up 3.87 per cent from the year-ago quarter's Rs 4038.53 crore.

Its profit for the latest quarter stood at Rs 545.52 crore, up 24.48 per cent from the same quarter a year ago.