Lupin is currently trading at Rs. 542.65, up by 2.35 points or 0.43% from its previous closing of Rs. 540.30 on the BSE.
The scrip opened at Rs. 541.75 and has touched a high and low of Rs. 544.00 and Rs. 541.50 respectively. So far 9693 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 574.05 on 17-Apr-2012 and a 52 week low of Rs. 409.50 on 14-Dec-2011.
Last one week high and low of the scrip stood at Rs. 547.80 and Rs. 534.00 respectively. The current market cap of the company is Rs. 24222.79 crore.
The promoters holding in the company stood at 46.91% while Institutions and Non-Institutions held 43.97% and 9.12% respectively.
Lupin’s subsidiary - Lupin Pharmaceuticals Inc. (collectively Lupin) has received final approval for its Pergabalin capsules, 0.25mg, 50mg, 75mg, 100mg, 150mg, 200mg, 225mg and 300mg from United States Food Drugs Administration (FDA) to market a generic version of CP Pharmaceuticals C.V.LYRICA (Pregabalin) capsules.
Lupin's Pergabalin capsules 25mg, 50mg, 75mg, 100mg, 150mg, 200mg, 225mg and 300mg are the AB-rated generic equivalent of LYRICA capsules, which is indicated for neuropathic pain associated with diabetic peripheral neuropathy, post herpetic neuralgia, adjunctive therapy for Adult patients with partial onset seizures and fibromyalgia. LYRICA capsules had annual US sales of approximately $1.8 billion for the twelve months ending March 2012, as per IMS Health sales data.
Lupin has a vibrant presence in the Indian pharmaceuticals market and has over the past several years made major strides in expanding its therapy portfolio. The company has a robust promotion and distribution setup along with a strong presence in various therapeutic areas, including the fast growing diabetes market.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1675.20 |
| Dr. Reddys Lab | 1235.40 |
| Cipla | 1238.30 |
| Zydus Lifesciences | 942.55 |
| Lupin | 2324.25 |
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