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Lupin Ltd drops for fifth straight session
10-Aug-18   13:35 Hrs IST

Lupin Ltd fell for a fifth straight session today. The stock is quoting at 811.15, down 1.42% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 11447.2. The Sensex is at 37916.26, down 0.28%.Lupin Ltd has eased around 9.92% in last one month.Meanwhile, Nifty Pharma index of which Lupin Ltd is a constituent, has eased around 0.86% in last one month and is currently quoting at 9249.95, down 1.09% on the day. The volume in the stock stood at 27.19 lakh shares today, compared to the daily average of 36.22 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 811.75, down 1.13% on the day. Lupin Ltd tumbled 13.79% in last one year as compared to a 17.88% rally in NIFTY and a 7.37% spurt in the Nifty Pharma index.

The PE of the stock is 26.13 based on TTM earnings ending June 18.

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