Aurobindo Pharma share price: Aurobindo Pharma shares down 1.58% as Nifty drops

NEW DELHI: Shares of Ltd. traded 1.58 per cent down in Friday’s trade at 12:50PM (IST). Around 148,137 shares changed hands on the counter.

The scrip opened at Rs 962.9 and touched an intraday high and low of Rs 968.5 and Rs 917.95, respectively, in the session so far. Shares of the company of Aurobindo Pharma Ltd. quoted a 52-week high of Rs 1063.75 and a 52-week low of Rs 737.9.

Total market cap of the Aurobindo Pharma Ltd. stood at Rs 55520.61 crore at the time of writing this report.


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 previous quarter’s Rs 6498.31 crore and down 1.8 per cent from the year-ago quarter’s Rs 6191.02 crore.

The net profit for latest quarter stood at Rs 801.58 crore, down 5.68 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Mar-2021, domestic institutional investors held 8.84 per cent stake in the company, while foreign institutional investors held 26.62 per cent and the promoters 51.94 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 10.41 and a price-to-book ratio of 1.44. 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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