Aurobindo Pharma Ltd. shares up 0.2% as Nifty gains

NEW DELHI: Shares of Aurobindo Pharma Ltd. traded 0.2 per cent up in Wednesday's trade at 12:24PM (IST). Around 78,465 shares changed hands on the counter.

The counter opened at Rs 870.95 and touched an intraday high and low of Rs 882.5 and Rs 857.5, respectively, in the session so far. The stock of Aurobindo Pharma Ltd. quoted a 52-week high of Rs 886.9 and a 52-week low of Rs 281.15.

Total market cap of the Aurobindo Pharma Ltd. stood at Rs 50827.24 crore at the time of writing this report.

Key Financials
The company reported consolidated net 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.

The net profit for latest quarter stood at Rs 849.83 crore, up 45.18 per cent from the same quarter a year ago.

Shareholding pattern
As of 30-Jun-2020, DIIs held 12.2 per cent stake in the company, while foreign institutional investors held 22.63 per cent and the promoters 48.94 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 17.95 and a price-to-book ratio of 3.02. 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.