SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Lupin rises as its arm receives USFDA approval for generic Zithromax Oral Suspension

02 Sep 2016 Evaluate

Lupin is currently trading at Rs. 1516.95, up by 15.35 points or 1.02% from its previous closing of Rs. 1501.60 on the BSE.

The scrip opened at Rs. 1510.00 and has touched a high and low of Rs. 1522.00 and Rs. 1508.50 respectively. So far 41,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2127.00 on 06-Oct-2015 and a 52 week low of Rs. 1294.05 on 29-Mar-2016.

Last one week high and low of the scrip stood at Rs. 1531.00 and Rs. 1472.00 respectively. The current market cap of the company is Rs. 68,402.55 crore.

The promoters holding in the company stood at 46.76%, while Institutions and Non-Institutions held 42.40% and 10.83% respectively.

Gavis Pharmaceuticals LLC., USA, wholly owned subsidiary of Lupin, has received  tentative approval from the United States Food and Drug Administration (USFDA) for its Azithromycin for oral suspension USP, 300 mg (100 mg/5 mL) and 1200 mg (200 mg/5 mL) to market a generic version of Pfizer Inc.'s Zithromax for oral suspension, 100 mg/5ml and 200 mg/5ml. Lupin had earlier received final approval for its Azithromycin Tablets, 250 mg, 500 mg, 600 mg and Azithromycin for Oral Suspension USP, 100 mg/5 mL and 200 mg/5 mL from the USFDA which was filed from its Goa plant. Zithromax Oral Suspension had US sales of $110.6 million as per IMS MAT June 2016.

Lupin is a pharmaceutical company and is engaged in formulation of drugs and active pharmaceutical ingredients (APIs), generics, biotechnology, novel drug discovery and development, drug delivery systems and specialty pharmaceuticals. The firm offers products in various therapeutic areas such as anti-tuberculosis, cephalosporins, cardiovascular, anti-asthma, anti-infectives, pain reliever, diabetes, pediatrics, gynecology and non-steroidal anti-inflammatory drugs as well as ace inhibitors, statins and prils.


Lupin Share Price

2377.90 -81.85 (-3.33%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1847.30
Dr. Reddys Lab 1293.25
Cipla 1347.70
Zydus Lifesciences 938.90
Lupin 2377.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×