Aurobindo Pharma shares up 0.52% as Nifty drops

Share price of SRF  falls  as Nifty  weakens

NEW DELHI: Shares of . traded 0.52 per cent up in Wednesday’s trade at 11:42AM (IST). Around 8,925 shares changed hands on the counter.

The scrip opened at Rs 540.35 and touched an intraday high and low of Rs 541.3 and Rs 535.75, respectively, in the session so far. The stock of Aurobindo Pharma Ltd. quoted a 52-week high of Rs 767.45 and a 52-week low of Rs 503.4.

Total market cap of the Aurobindo Pharma Ltd. stood at Rs 31634.83 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 6276.54 crore for the quarter ended 30-Jun-2022, up 7.14 per cent from previous quarter’s Rs 5858.25 crore and up 8.53 per cent from the year-ago quarter’s Rs 5783.29 crore.

The net profit for latest quarter stood at Rs 520.54 crore, down 32.39 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2022, DIIs held 9.82 per cent stake in the company, while foreign institutional investors held 22.43 per cent and the promoters 51.83 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 13.19 and a price-to-book ratio of 1.59. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Aurobindo Pharma Ltd. belongs to the Pharma – Indian industry.

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