Share price of Lupin as Sensex drops 321.7 points
Lupin Ltd. 0.84 per cent to Rs 2187.55 at 01:19PM (IST) in Wednesday's trade. The counter has hit a high of Rs 2211.00 and low of Rs 2162.10 so far during the session. The stock had closed at Rs 2206.15 in the previous session.
The counter has had a total traded volume of 16462 shares so far with a value of Rs 3.61 crore on the NSE. It traded at a price-to-earnings multiple of 44.15 and a price-to-book ratio of 5.16.
A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip 91.85 per cent during the past one year, while the 30-share index advanced 22.399999618530273 per cent during the same period.
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