Share price of Lupin Ltd. rises as Nifty strengthens

Shares of Lupin Ltd. gained 0.23 per cent to Rs 905.3 in Thursday's trade as of 01:07PM (IST).

The stock hit a high price of Rs 909.7 and low of Rs 895.3 during the session.

The return on equity (ROE) for the stock stood at -2.14 per cent. Traded volume on the counter stood at 01:07PM shares and turnover at Rs 3.97 crore around that time.

The stock of Lupin Ltd. quoted a 52-week high and 52-week low prices of Rs 955.85 and Rs 505.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.75.

Promotor/FII Holding
Promoters held 46.64 per cent stake in the company as of 31-Mar-2020, while overseas investors held 22.68 per cent and domestic institutional investors had 10.14 per cent.

Key Financials
The company reported consolidated sales of Rs 3791.0 crore for the quarter ended 31-Mar-2020, up 2.02 per cent from previous quarter's Rs 3716.09 crore and up 12.37 per cent from the year-ago quarter's Rs 4325.93 crore.

Net profit after tax for the latest quarter stood at Rs 389.63 crore, up 34.56 per cent from the same quarter a year ago.