Aurobindo Pharma share price: Share price of Aurobindo Pharma falls as Sensex drops 301.51 points

Share price of Ltd. dropped 3.96 per cent to Rs 915.25 at 01:26PM (IST) in Tuesday’s trade. The scrip hit a high of Rs 957.95 and low of Rs 910.7 so far during the session. The stock had closed at Rs 952.95 in the previous session.

The counter had a total traded volume of 01:26PM shares so far with a turnover of Rs 8.62 crore on BSE. The stock traded at a price-to-earnings multiple of 10.01 and a price-to-book ratio of 1.44.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The 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.

Promotor/FII Holding

Promoters held 51.83 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 25.65 per cent and 12.72 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 6079.6 crore for the quarter ended 31-Mar-2021, down 6.44 per cent from the previous quarter’s Rs 6498.31 crore and down 1.8 per cent from the year-ago quarter’s Rs 6191.02 crore.

Its profit for the latest quarter stood at Rs 801.58 crore, down 5.68 per cent from the same quarter a year ago.

Source Link