Share price of Lupin falls as Sensex gains 558.09 points

Share price of Ltd. dropped 0.54 per cent to Rs 941.0 at 01:46PM (IST) in Monday’s trade. The counter hit a high of Rs 946.5 and low of Rs 928.35 so far during the session. The stock had closed at Rs 946.1 in the previous session.

The counter had a total traded volume of 01:46PM shares so far with a turnover of Rs 8.84 crore on BSE. The stock traded at a price-to-earnings multiple of 25.94 and a price-to-book ratio of 3.36.

A higher P/E 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 46.83 per cent stake in the company as of 30-Sep-2021, while FIIs and domestic institutional investors ownership stood at 15.66 per cent and 24.46 per cent, respectively.

Key Financials

The firm reported consolidated net sales of Rs 4298.02 crore for the quarter ended 30-Jun-2021, up 11.89 per cent from the previous quarter’s Rs 3841.32 crore and up 20.35 per cent from the year-ago quarter’s Rs 3571.14 crore.

Its profit for the latest quarter stood at Rs 542.46 crore, up 407.45 per cent from the same quarter a year ago.

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