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Ipca Laboratories tumbles on reporting 30% fall in Q1 net profit

31 Jul 2012 Evaluate

Ipca Laboratories is currently trading at Rs. 389.50, down by 8.80 points or 2.21% from its previous closing of Rs. 398.30 on the BSE.

The scrip opened at Rs. 398.10 and has touched a high and low of Rs. 400.00 and Rs. 384.05 respectively. So far 31094 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 409.70 on 25-Jul-2012 and a 52 week low of Rs. 230.20 on 04-Oct-2011.

Last one week high and low of the scrip stood at Rs. 409.70 and Rs. 384.05 respectively. The current market cap of the company is Rs. 4968.43 crore.

The promoters holding in the company stood at 45.91 % while Institutions and Non-Institutions held 31.85 % and 22.24 % respectively. 

The company has reported decline of 30.31% in its net profit at Rs 42.98 crore for the quarter ended June 30, 2012 as compared to Rs 61.67 crore for the same quarter in the previous year. However, the total income from operation of the company has increased by 19.72% at Rs 634.40 crore for Q1FY13 as compared Rs 529.90 crore for the corresponding quarter previous year.

Ipca Laboratories is engaged in manufacturing of active pharmaceutical ingredients and formulations. It operates in 110 countries and its export accounts for 50% of the company’s income. Worldwide the company is one of the largest suppliers of APIs and intermediates. The company holds leadership position in Anti-malarial and Rheumatoid Arthritis area.

Ipca Laboratories Share Price

1543.90 13.30 (0.87%)
05-May-2026 12:22 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1818.55
Dr. Reddys Lab 1278.00
Cipla 1327.95
Zydus Lifesciences 908.35
Lupin 2336.75
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