Share price of Aurobindo Pharma Ltd. rises as Nifty strengthens

A total of 104,598 shares changed hands on the counter till 11:35AM (IST).

Getty Images
In effect, financial markets are betting that there is some reasonable approximation of normal on some foreseeable horizon.
Shares of Aurobindo Pharma Ltd. gained 1.5 per cent to Rs 786.9 in Wednesday's trade as of 11:35AM (IST).

The stock hit a high price of Rs 789.25 and low of Rs 770.0 during the session.

The return on equity (ROE) for the stock stood at 16.84 per cent. Traded volume on the counter stood at 11:35AM shares and turnover at Rs 8.19 crore around that time.


The stock of Aurobindo Pharma Ltd. quoted a 52-week high and 52-week low prices of Rs 791.0 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
ADVERTISEMENT
Promoters held 48.94 per cent stake in the company as of 31-Mar-2020, while overseas investors held 22.26 per cent and domestic institutional investors had 11.95 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.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Related Companies

More from our Partners

Loading next story
Business News › Markets › Stocks › News › Share price of Aurobindo Pharma Ltd. rises as Nifty strengthens
Text Size:AAA
Success
This article has been saved

*

+