Stock Market

NEW DELHI: Shares of Lupin traded 6.22 per cent up in Tuesday 's trade at 10:33 am (IST).

Around 2104079 shares changed hands on the counter.

The stock opened at Rs 690 and touched an intraday high and low of Rs 704.75 and Rs 670.25 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 914.9 and a 52-week low of Rs 544.25 .

Lupin has Launched Mycophenolic Acid Delayed-Release Tablets USP in the US.

Its alliance partner Concord Biotech received approval from the US FDA. Financials Lupin Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 29662.32 Crore) operating in Pharmaceuticals sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 3716.09 Crore, down -13.52 % from last quarter Sales of Rs 4296.90 Crore and down -15.12 % from last year same quarter Sales of Rs 4377.94 Crore Company reported net profit after tax of Rs -841.36 Crore in latest quarter.

Lupin Ltd.

key Products/Revenue Segments include Pharmaceuticals which contributed Rs 10657.32 Crore to Sales Value (93.84 % of Total Sales), Export Incentives which contributed Rs 250.66 Crore to Sales Value (2.20 % of Total Sales) and Other Operating Revenue which contributed Rs 74.10 Crore to Sales Value (0.65 % of Total Sales)for the year ending 31-Mar-2019.

Valuation ratio It quoted a price-to-earnings ratio of -85.2 and price to book value of 2.28 .





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