Lupin is currently trading at Rs. 544.00, up by 0.60 points or 0.11% from its previous closing of Rs. 543.40 on the BSE.
The scrip opened at Rs. 545.00 and has touched a high and low of Rs. 547.50 and Rs. 542.00 respectively. So far 8,880 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 574.05 on 17-Apr-2012 and a 52 week low of Rs. 409.50 on 14-Dec-2011.
Last one week high and low of the scrip stood at Rs. 547.50 and Rs. 522.05 respectively. The current market cap of the company is Rs. 24,298 crore.
The promoters holding in the company stood at 46.93% while Institutions and Non-Institutions held 44.05% and 9.02% respectively.
Lupin’s subsidiary - Lupin Pharmaceuticals Inc. (collectively Lupin) has received an approval for its Norgestimate and Ethinyl Estradiol tablets, 0.18 mg/0.025 mg, 0.215 mg/0.025 mg and 0.25 mg/0.025 mg from the United States Food and Drugs Administration (USFDA).
Lupin’s Norgestimate and Ethinyl Estradiol tablets are the AB-rated generic equivalent of Ortho Tri-cyclen Lo tablets, 0.18 mg/0.025 mg, 0.215 mg/0.025 mg and 0.25 mg/0.025 mg of Japanese Pharmaceuticals Inc. Norgestimate and Ethinyl Estradiol tablets are indicated for the prevention of pregnancy in women who elect to use oral contraceptives as a method of contraception. Ortho Tri-cyclen Lo tablets had annual sales of approximately $421 million for the twelve months ending March 2012, as per IMS Health sales data.
Lupin has a vibrant presence in the Indian pharmaceuticals market and has over the past several years made major strides in expanding its therapy portfolio. The company has a robust promotion and distribution setup along with a strong presence in various therapeutic areas, including the fast growing diabetes market.
Company Name | CMP |
---|---|
Sun Pharma Inds. | 1814.50 |
Dr. Reddys Lab | 1340.80 |
Cipla | 1476.45 |
Lupin | 2160.20 |
Zydus Lifesciences | 972.95 |
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