LUPIN at 52 Week High; BSE 500 Index Down 0.6 %
April 24, 2020 01:28 PM

LUPIN share price has hit a 52-week high at Rs 884 (up 7.6%).

Meanwhile, the BSE 500 Index is at 12,064 (down 0.6%).

Among the top gainers in the BSE 500 Index today are LUPIN (up 7.6%) and STRIDES PHARMA SCIENCE (up 11.1%).

NIPPON LIFE INDIA AMC (down 15.4%) and CHOLAMANDALAM INVEST. (down 9.9%) are among the top losers today.

Over the last one year, LUPIN has moved up from Rs 864 to Rs 884, registering a gain of Rs 20 (up 2.28%).

The BSE 500 has moved down from 15,188 to 12,064, loss of 3,124 points (down 20.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were NAVIN FLUORINE (up 117.5%), ABBOTT INDIA (up 111.2%) and AVENUE SUPERMARTS LTD (up 80.9%).

What About the Benchmark Indices?

The BSE Sensex is at 31,842 (down 0.4%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 6.5%), SUN PHARMA (up 3.3%) and HERO MOTOCORP (up 3.3%). Other gainers include ONGC (up 2.5%) and NESTLE (up 1.7%). The most traded stocks in the BSE Sensex are RELIANCE IND. and ONGC.

In the meantime, NSE Nifty is at 9,297 (down 0.6%). RELIANCE IND. (up 6.4%) and BRITANNIA (up 4.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,565 to 31,842, registering a loss of 6,723 points (down 17.7%).

LUPIN Financial Update...

LUPIN net profit down at Rs 9 billion for the quarter ended December 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 16.3% to Rs 37.7 billion during the period as against Rs 45.0 billion in October-December 2018.

For the year ended March 2019, LUPIN reported 44.6% decrease in net profit to Rs 9.5 billion compared to net profit of Rs 17.2 billion during FY18.

Revenue of the company grew 5.8% to Rs 167 billion during FY19.

The current Price to earnings ratio of LUPIN, based on rolling 12 month earnings, stands at down 97.8x.