Trending stocks: Aurobindo Pharma shares down 1%

NEW DELHI: Shares of Aurobindo Pharma Ltd. traded 0.6 per cent down in Friday's trade at 10:35AM (IST). Around 67,853 shares changed hands on the counter.

The stock opened at Rs 664.0 and touched an intraday high and low of Rs 675.0 and Rs 661.0, respectively, in the session so far. Shares of the company of Aurobindo Pharma Ltd. quoted a 52-week high of Rs 729.05 and a 52-week low of Rs 281.15.

Total market cap of the Aurobindo Pharma Ltd. stood at Rs 38891.68 crore at the time of writing this report.


Promoter PV Ramprasad Reddy, his wife P Suneela Rani and three others have settled an alleged insider trading case with the Securities and Exchange Board of India (Sebi) by paying over Rs 22 crore as settlement.


Key Financials
The company reported consolidated sales of Rs 5799.44 crore for the quarter ended 31-Dec-2019, up 5.1 per cent from previous quarter's Rs 5518.27 crore and up 12.06 per cent from the year-ago quarter's Rs 5175.26 crore.

The net profit for latest quarter stood at Rs 705.45 crore, down 0.95 per cent from the corresponding quarter last year.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 11.95 per cent stake in the firm, while foreign institutional investors held 22.26 per cent and the promoters 48.94 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 15.15 and a price-to-book ratio of 2.8. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Aurobindo Pharma Ltd. belongs to the Pharma - Indian industry.