Friday 5 February 2016

Lupin Q3 net profit at Rs. 530 crore; stock up 5%


The net profit for the quarter stands at Rs. 530 crore

Lupin Ltd posted results for the third quarter ended 31st December, 2015.

The net profit for the quarter stands at Rs. 530 crore as against profit of Rs.19 crore (YoY).
The total income for the quarter stands at Rs. 3556 crore as against Rs.360.6 crore (YoY).

Lupin Ltd is currently trading at Rs. 1743, up 5%.

The scrip opened at Rs. 1660 and has touched a high and low of Rs. 1717.5 and Rs. 1603.2 respectively. So far 1616148(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 74432.65 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2127 on 06-Oct-2015 and a 52 week low of Rs. 1540 on 10-Feb-2015. Last one week high and low of the scrip stood at Rs. 1778 and Rs. 1617.55 respectively.

The promoters holding in the company stood at 46.53 % while Institutions and Non-Institutions held 43.56 % and 9.92 % respectively.

The stock is currently trading above its 200 DMA.

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