Lupin Ltd. traded 0.9 per cent at Rs 2179.80 at 12:07PM (IST) on Tuesday, even as BSE benchmark Sensex 145.96 points to 78686.13. The stock had closed at Rs 2160.20 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 2312.00 and Rs 1265.05, respectively.
As per BSE data, total traded volume on the counter till 12:07PM (IST) stood at 12:07PM shares with turnover at Rs 0.86 crore.
At the prevailing price, the stock trades at 37.92 times its trailing 12-month earnings per share of Rs 57.58 per share and 5.16 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.
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