Share price of Aurobindo Pharma Ltd. rises as Nifty strengthens

A total of 78,551 shares changed hands on the counter till 10:31AM (IST).

PTI
Sensex slipped 73 points, or 0.2 per cent, while Nifty added 2 points last week.
Shares of Aurobindo Pharma Ltd. gained 2.9 per cent to Rs 885.7 in Thursday's trade as of 10:31AM (IST).

The stock hit a high price of Rs 888.2 and low of Rs 862.7 during the session.

The return on equity (ROE) for the stock stood at 16.84 per cent. Traded volume on the counter stood at 10:31AM shares and turnover at Rs 6.89 crore around that time.


The stock of Aurobindo Pharma Ltd. quoted a 52-week high and 52-week low prices of Rs 888.2 and Rs 281.15, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.06.

Promotor/FII Holding
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Promoters held 48.94 per cent stake in the company as of 30-Jun-2020, while overseas investors held 22.63 per cent and domestic institutional investors had 12.2 per cent.

Key Financials
The company reported consolidated sales of Rs 6063.4 crore for the quarter ended 31-Mar-2020, up 4.55 per cent from previous quarter's Rs 5799.44 crore and up 16.56 per cent from the year-ago quarter's Rs 5201.98 crore.

Net profit after tax for the latest quarter stood at Rs 849.83 crore, up 45.18 per cent from the same quarter a year ago.
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