Lupin shares drop 0.82% as Sensex rises

Lupin shares drop 0.82% as Sensex rises
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Synopsis

A total of 282,515 shares changed hands on the counter till 12:54PM (IST)

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Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
Shares of . traded 0.82 per cent down at Rs 639.25 at 12:54PM (IST) on Monday, even as BSE benchmark Sensex gained 385.74 points to 57955.99. The stock had closed at Rs 644.55 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 1159.95 and Rs 583.05, respectively.

As per BSE data, total traded volume on the counter till 12:54PM (IST) stood at 12:54PM shares with turnover at Rs 18.19 crore.

At the prevailing price, the stock trades at -19.01 times its trailing 12-month EPS of Rs -33.61 per share and 2.79 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

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

Shareholding Details
Promoters held 47.1 per cent stake in the company as of 30-Jun-2022, while FIIs owned 14.27 per cent and DIIs 26.89 per cent.
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