Lupin trades with traction on the BSE

29 Aug 2012 Evaluate

Lupin is currently trading at Rs. 579.50, up by 8.80 points or 1.54% from its previous closing of Rs. 570.70 on the BSE.

The scrip opened at Rs. 573.25 and has touched a high and low of Rs. 580.00 and Rs. 572.25 respectively. So far 19253 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 604.00 on 01-Aug-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. 587.60 and Rs. 565.10 respectively. The current market cap of the company is Rs. 25855.90 crore.

The promoters holding in the company stood at 46.91% while Institutions and Non-Institutions held 43.97% and 9.12% respectively.

Lupin, the pharmaceutical major is planning to introduce a slew of drugs in the US market in the next four years. It has over 110 pending approvals with the US Food and Drug Administration (FDA) and it looks to launch these in the next four years as and when it gets approval.     

In the last fiscal, the company had filed 25 abbreviated new drug applications (ANDAs) with the US FDA thereby taking the total number of total filings to 176 so far. The US market currently contributes over 35% of Lupin's global revenues.

The company has posted a rise of 391.04% in its net profit at Rs 357.23 crore for the quarter ended June 30, 2012 as compared to Rs 72.75 crore for the same quarter in the previous year. Total income has increased by 61.01% at Rs 1780.29 crore for quarter under review as compared to Rs 1105.71 crore for the quarter ended June 30, 2011.

Lupin Share Price

2160.20 12.65 (0.59%)
23-Dec-2024 16:59 View Price Chart
Peers
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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