Lupin inches up on receiving USFDA approval for Generic Prilosec Capsules

Lupin Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 500257 | NSE: LUPIN

28 Aug 2015 Evaluate

Lupin is currently trading at Rs. 1899.00, up by 0.50 points or 0.03% from its previous closing of Rs. 1898.50 on the BSE.

The scrip opened at Rs. 1925.00 and has touched a high and low of Rs. 1934.20 and Rs. 1892.40 respectively. So far 36,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2112.00 on 08-Apr-2015 and a 52 week low of Rs. 1280.10 on 01-Sep-2014.

Last one week high and low of the scrip stood at Rs. 1934.20 and Rs. 1715.80 respectively. The current market cap of the company is Rs. 84,840.00 crore.

The promoters holding in the company stood at 46.59% while Institutions and Non-Institutions held 43.57% and 9.84% respectively.

Lupin has received final approval for its Omeprazole Delayed-Release capsules 40 mg from the United States Food and Drugs Administration (FDA) to market a generic version of AstraZeneca Pharmaceuticals LP (AstraZeneca) Prilosec Delayed-Release capsules 40 mg. Lupin's Omeprazole Delayed-Release capsules 40 mg are the AB rated generic equivalent of AstraZeneca's Prilosec Delayed-Release capsules 40mg.

It is indicated for the short-term treatment of Duodenal Ulcer, Gastric Ulcer, treatment of Gastro Esophageal Reflux Disease (GERD), maintenance of healing of Erosive Esophagitis and Pathological Hypersecretory conditions. Prilosec had annual US sales of $185 million (IMS MAT June 2015).

Lupin is an innovation led transnational pharmaceutical company producing and developing a wide range of branded & generic formulations, APIs and biotechnology products.

Lupin Share Price

2420.15 12.70 (0.53%)

30-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma. Inds.	1862.70
Dr. Reddys Labs.	1356.85
Cipla	1465.15
Zydus Lifesciences	1112.20
Lupin	2420.15
View more..

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