Budget 2020

Share price of Aurobindo Pharma jumps as Sensex gains 337.15 points

The share price of Ltd. gained 1.37 per cent to Rs 918.0 at 11:38AM (IST) in Thursday’s trade. The stock has hit a high of Rs 919.05 and low of Rs 910.75 so far during the session. The stock had closed at Rs 905.6 in the previous session.

The counter has had a total traded volume of 162758 shares so far with a value of Rs 14.77 crore on the NSE. It traded at a price-to-earnings multiple of 10.0 and a price-to-book ratio of 1.44.

A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 109.47 per cent during the past one year, while the 30-share index advanced 81.16 per cent during the same period.

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

Promotor/FII Holding

Promoters held 48.86 per cent stake in the company as of 31-Dec-2020, while overseas investors and domestic institutional investors ownership stood at 24.99 per cent and 9.94 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 6498.31 crore for the quarter ended 31-Dec-2020, down 0.59 per cent from the previous quarter’s Rs 6537.19 crore and down 9.66 per cent from the year-ago quarter’s Rs 5925.93 crore.

Profit for the latest quarter stood at Rs 2946.46 crore, up 317.67 per cent from the same quarter a year ago.