Lupin's stock is trading at Rs. 2007.35, marking a rise of 100.35 points or 5.26% from its previous close of Rs. 1907.00 on the BSE.
The stock opened at Rs. 2011.00, hitting a high of Rs. 2025.00 and a low of Rs. 1953.00 during the session. So far, 77,613 shares have changed hands on the exchange.
As a BSE group 'A' stock with a face value of Rs. 2, Lupin reached a 52-week high of Rs. 2025.00 on August 7, 2024, and a 52-week low of Rs. 1061.25 on August 21, 2023.
Over the past week, the stock's high and low were Rs. 2025.00 and Rs. 1901.45, respectively. The company's current market capitalization stands at Rs. 90,599.03 crore.
Promoters hold 46.98% of the company, while Institutions and Non-Institutions hold 46.10% and 6.92%, respectively.
Lupin reported an 86.43% increase in net profit, reaching Rs. 889.18 crore for the first quarter ended June 30, 2024, compared to Rs. 476.96 crore for the same quarter last year. The company's total income for Q1FY25 rose by 19.37% to Rs. 4,205.85 crore, up from Rs. 3,523.38 crore in the corresponding quarter of the previous year.
On a consolidated basis, Lupin's net profit increased by 77.69% to Rs. 805.54 crore for the quarter ended June 30, 2024, compared to Rs. 453.33 crore for the same quarter last year. The total income for Q1FY25 grew by 17.19% to Rs. 5,668.11 crore, up from Rs. 4,836.89 crore in the corresponding quarter of the previous year.