Aurobindo Pharma shares up 0.51% as Nifty falls

Shares of Aurobindo Pharma Ltd. rose 0.51 per cent to Rs 450.65 in Tuesday's trade. It hit an intraday high of Rs 460.05 and low of Rs 443.15, respectively, during the day.

The stock quoted a 52-week high price of Rs 730.0 and low of Rs 397.3.

As of 10:20AM (IST), the counter saw total traded volume of 55,170 shares with a traded value of Rs 2.5 crore, according to NSE.

The stock had closed at Rs 448.35 in the previous session.

The scrip has declined -4.65 per cent in the past one month till date, while the benchmark BSE Sensex has slipped -4.46 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 13.24 while price-to-book ratio stood at 1.59. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Pharma - Indian industry.

Promoter/FII Holding
Promoters held 48.76 per cent stake in the company as of 31-Dec-2022, while FII and MF ownership in the firm stood at 22.32 per cent and 7.5 per cent, respectively.

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 the previous quarter's Rs 5796.56 crore and up 7.13 per cent from the year-ago quarter's Rs 6067.21 crore. Its net profit for the latest quarter stood at Rs 491.26 crore, down 18.76 per cent from the same quarter a year ago.