Share price of Aurobindo Pharma Ltd. falls as Nifty weakens

A total of 51,811 shares changed hands on the counter till 12:15PM (IST).

By ETMarkets.com | Jul 24, 2020, 12.15 PM IST

Once equity investing is viewed as a viable alternative to savings in the form of assets like property, gold and bank deposits, we may witness a spread of liquidity to a broader set of stocks.

Shares of Aurobindo Pharma Ltd. slipped 1.09 per cent to Rs 811.0 in Friday's trade as of 12:15PM (IST).

The stock hit a high price of Rs 828.95 and low of Rs 807.05 during the session.

The return on equity (ROE) for the stock stood at 16.84 per cent. Traded volume on the counter stood at 12:15PM shares and turnover at Rs 4.24 crore around that time.

The stock of Aurobindo Pharma Ltd. quoted a 52-week high and 52-week low prices of Rs 845.6 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

Promoters held 48.94 per cent stake in the company as of 30-Jun-2020, while FIIs 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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