Share price of Aurobindo Pharma rises as Nifty weakens

Shares of Aurobindo Pharma Ltd. gained 1.51 per cent to Rs 530.0 in Thursday's trade as of 10:15AM (IST).

The stock hit a high price of Rs 530.9 and low of Rs 516.75 during the session.

The return on equity (ROE) for the stock stood at 10.77 per cent. Traded volume on the counter stood at 10:15AM shares and turnover at Rs 1.12 crore around that time.

The stock of Aurobindo Pharma Ltd. quoted a 52-week high and 52-week low prices of Rs 742.25 and Rs 494.75, 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 30-Jun-2022, while FIIs held 22.43 per cent and domestic institutional investors had 15.58 per cent.

Key Financials
The company reported consolidated sales of Rs 6276.54 crore for the quarter ended 30-Jun-2022, up 7.14 per cent from previous quarter's Rs 5858.25 crore and up 8.53 per cent from the year-ago quarter's Rs 5783.29 crore.

Net profit after tax for the latest quarter stood at Rs 520.54 crore, down 32.39 per cent from the same quarter a year ago.