Tuesday 29 March 2016

Lupin tanks 12%; receives form 483 from USFDA

Mandideep Unit gets 483 letter from US FDA

Lupin Ltd stock was lower by 12% at Rs. 1311.

Mandideep Unit has received 483 letter from US FDA, as per a report.

The scrip opened at Rs. 1476.2 and has touched a high and low of Rs. 1494 and Rs. 1294.05 respectively. So far 3115082(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 67371.17 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. 1490 on 28-Mar-2016. Last one week high and low of the scrip stood at Rs. 1564.4 and Rs. 1490 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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