Business Standard

Lupin slips despite huge growth in sales

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BS Reporter Mumbai

The scrip slipped to a low of 1,186 and finally ended at Rs 1,199, down 4% from the previous close. The counter clocked volumes of 22,837 shares on the BSE today.
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(Updated at 1043hrs)

Lupin has slipped 2% on the back of weakness in broader markets.

The stock today opened at Rs 1,246 and slipped to a low of Rs 1,220, down 2% from the previous close. The counter has clocked volumes of 4,258 shares on the BSE so far.

Lupin recorded a huge rise in sales in the domestic market over the last 12 months.

The company registered a sales growth of 12.8% in value terms on a unit growth of a mere 0.9% during the year.

 

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First Published: Oct 22 2009 | 3:43 PM IST

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