Share price of Aurobindo Pharma falls as Nifty strengthens

Shares of Aurobindo Pharma Ltd. slipped 0.84 per cent to Rs 507.0 in Wednesday's trade as of 01:27PM (IST).

The stock hit a high price of Rs 513.35 and low of Rs 504.9 during the session.

The return on equity (ROE) for the stock stood at 10.77 per cent. Traded volume on the counter stood at 01:27PM shares and turnover at Rs 2.63 crore around that time.

The stock of Aurobindo Pharma Ltd. quoted a 52-week high and 52-week low prices of Rs 714.65 and Rs 397.3, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.06.

Promotor/FII Holding
Promoters held 51.83 per cent stake in the company as of 31-Dec-2022, while FIIs held 22.31 per cent and domestic institutional investors had 14.9 per cent.

Key Financials
The company reported consolidated sales of Rs 6499.78 crore for the quarter ended 31-Dec-2022, up 12.13 per cent from previous quarter's Rs 5796.56 crore and up 7.13 per cent from the year-ago quarter's Rs 6067.21 crore.

Net profit after tax for the latest quarter stood at Rs 491.26 crore, down 18.76 per cent from the same quarter a year ago.