Buy Lupin, target price Rs 1770: Axis Securities
Lupin with a target price of Rs 1770. The current market price of Lupin Ltd. is Rs 1585.25.
Lupin Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 71997.27 Crore) operating in Pharmaceuticals sector.
Lupin Ltd. key Products/Revenue Segments include Pharmaceuticals, Other Services, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2023.
Financials For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 5226.78 Crore, up 2.91 % from last quarter Total Income of Rs 5078.96 Crore and up 20.43 % from last year same quarter Total Income of Rs 4340.18 Crore. Company reported net profit after tax of Rs 618.70 Crore in latest quarter.
Promoter/FII Holdings Promoters held 47.01 per cent stake in the company as of 31-Mar-2024, while FIIs owned 18.29 per cent, DIIs 27.69 per cent.
(You can now subscribe to our ETMarkets WhatsApp channel)
Read more on economictimes.indiatimes.com
