SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Lupin shines as its arm gets nod for its Ranolazine Extended tablets from US FDA

02 Aug 2013 Evaluate

Lupin is currently trading at Rs. 889.05, up by 17.50 points or 2.01% from its previous closing of Rs. 871.55 on the BSE.

The scrip opened at Rs. 874.00 and has touched a high and low of Rs. 894.00 and Rs. 869.95 respectively. So far 85,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 908.00 on 19-Jul-2013 and a 52 week low of Rs. 540.15 on 11-Oct-2012.

Last one week high and low of the scrip stood at Rs. 889.75 and Rs. 832.65 respectively. The current market cap of the company is Rs. 39,795.00 crore.

The promoters holding in the company stood at 46.81% while Institutions and Non-Institutions held 43.07% and 10.12% respectively.

Pharma Major Lupin’s U.S. subsidiary- Lupin Pharmaceuticals, Inc. (LPI) has received final approval for its Ranolazine Extended release tablets, 500 mg and 1,000 mg from the United States Food and Drugs Administration (FDA). Ranolazine Extended release tablets are indicated for treatment of Chronic angina.

Lupin’s Ranolazine Extended release tablets are the AB rated generic equivalent of Gilead Sciences Ranexa Extended release tablets 500 mg and 1,000 mg strengths. Ranexa tablets 500 mg and 1,000 mg had U.S sales of approximately $443.4 million, for the twelve months ending March, 2013 (IMS Health data).

Lupin is the 5th largest and fastest growing generics player in the US (5.1% market share by prescriptions, IMS Health) and the 3rd largest Indian pharmaceutical company by sales. The company is also the fastest growing top 10 generic pharmaceutical players in Japan and South Africa (IMS).

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:

×