The stock extended gains and touched a high of Rs 1,275 - up 4.5% from the day's low. The stock finally settled with a 1% gain at Rs 1,251. Over 42,372 shares were traded on the BSE today.
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(Updated at 1025 hrs)
Lupin today has gained in early trades as the Q2 net profit climbed up.
The stock opened at Rs 1,242 and slipped 2% into the red to a low of Rs 1,220. The stock has managed to rebound and is now at the day's high of 1,268 - up 2.3%. Over 8,524 shares have been traded on the BSE so far.
The company posted a net profit of Rs 160.3 crore against Rs 115.6 crore during the corresponding three months last year - a jump of 39%. Net sales grew by 23% to Rs 1,114.7 crore as against Rs 908.4 crore in the same period a year earlier.