Trending stocks: Lupin shares down over 1%

NEW DELHI: Shares of Lupin Ltd. traded 1.17 per cent down in Thursday's trade at 10:28AM (IST). Around 37,727 shares changed hands on the counter.

The stock opened at Rs 897.0 and touched an intraday high and low of Rs 897.0 and Rs 874.15, respectively, in the session so far. Shares of the company of Lupin Ltd. quoted a 52-week high of Rs 919.0 and a 52-week low of Rs 505.0.

Total market cap of the Lupin Ltd. stood at Rs 40119.78 crore at the time of writing this report.


Key Financials
The company reported consolidated net sales of Rs 3716.09 crore for the quarter ended 31-Dec-2019, down 13.52 per cent from previous quarter's Rs 4296.9 crore and down 15.12 per cent from the year-ago quarter's Rs 4377.94 crore.

The net loss for latest quarter stood at Rs 835.0 crore, up 450.25 per cent from the same quarter a year ago.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 10.14 per cent stake in the company, while foreign institutional investors held 22.68 per cent and the promoters 46.64 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -108.59 and a price-to-book ratio of 2.91. 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.

Lupin Ltd. belongs to the Pharma - Indian industry.