Share price of Lupin falls as Sensex drops 220.01 points
Lupin Ltd. dropped 1.28 per cent to Rs 1322.15 at 01:39PM (IST) in Friday's trade. The stock has hit a high of Rs 1342.0 and low of Rs 1319.0 so far during the session.
The stock had closed at Rs 1339.3 in the previous session.
The counter has had a total traded volume of 23885 shares so far with a value of Rs 3.17 crore on the NSE. It traded at a price-to-earnings multiple of 45.21 and a price-to-book ratio of 2.36.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 80.0 per cent during the past one year, while the 30-share index advanced 18.21 per cent during the same period.
Lupin Ltd. belongs to the Pharma — Indian industry.
Promotor/FII Holding Promoters held 46.77 per cent stake in the company as of 30-Sep-2023, while foreign investors and domestic institutional investors ownership stood at 14.99 per cent and 16.71 per cent, respectively.
