Lupin Ltd. June 30th Shares Plunged Over 1%, After Q4 Result:
To begin with, Lupin Ltd. shares traded with a 1.69% down in today’s Intraday trade. As per the records, the total market capitalization stood at Rs. 3.31 cr.
Moreover, the company shares started at Rs. 909.00 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 933.00 per eq share. Similarly, the Intraday low value of Rs. 908.35 per share.
According to the source, the company reached its 52-week highest value of Rs. 955.85. Also, it reached the 52-week lowest value of Rs. 505.00.
On 31st March 2020, Lupin announced its consolidated sales worth Rs. 3,791.00 cr. Comparatively, the company sales raised by 2.02% from its last quarter sales of Rs. 3,716.09 cr. Also, its sales raised by 12.37% from last year’s sales of Rs. 4,325.93 cr.
Furthermore, the net profit of Rs. 389.63 Cr raised by 34.56% from the same quarter a year ago. By the ending in March 2020, the company promoters held 46.64% of its stake, FIIs held a 22.68% stake and DIIs held a 10.14% stake.
Stock Market Update:
Stock Market June 30th: On Tuesday, both Sensex and Nifty seem to trade in a bearish trend in the stock market. The Sensex stood trading down with 34,915.80 levels and Nifty stood trading down with 10,302.10 levels. The Sensex declined 45.72 points with a 0.13% loss. Besides, Nifty has declined 10.30 points with a 0.100% loss.
On the other hand, the number of confirmed coronavirus cases in India reached 5,68,315 as of June 30th, and deaths reached 16,917.
In the border market, the S&P BSE Midcap index reported a bearish trend in the stock market today. It declined 18.44 points with a 0.14% loss and reached a 13,055.28 level. The S&P BSE Smallcap index declined 93.69 points with a 0.75% loss and reached a 12,380.75 level. However, the Nifty Bank raised 11.15 points with a 0.052% gain and reached a 21,370.15 level.