Lupin Ltd Stock Price:

Information About Lupin Ltd:

Lupin was founded on the concept that the products of the company need to make a change in the lives of the people who will consume them. The company is prominent in the pharmaceutical industry especially in countries such as Japan, India and the US. The company relies on cutting-edge research that is supplemented by world-class manufacturing facilities. The company was the second largest pharmaceutical company in India in terms of total revenue in the FY17. The company achieved a consolidated sales of Rs.1,71,198 million in the FY17 with a net profit of Rs.25,575 million.

History of Lupin Ltd:

Desh Bandhu Gupta founded the Lupin Ltd in 1968. He was an Associate Professor at BITS-Pilani in Rajasthan. He served as Chairman in the company until he passed away in 2017. His wife replaced him as Chairman. The company's name is inspired from Lupin flower. The company's vision is to combat life-threatening diseases using drugs. When Lupin manufactured a tuberculosis drug, subsequently it became the world's largest manufacturers of that drug which brought them global recognition.

Management of Lupin Ltd:

Mrs. Manju D Gupta is the Chairman of Lupin. Dr. Kamal K Sharma is the Vice Chairman. The CEO of the company is Ms. Vinita Gupta. Mr. Nilesh Gupta is the MD. Mr. Ramesh Swaminathan is the CFO and an Executive Director. Other than these key members, there are six Independent Directors.

Listing information on Lupin Ltd:

Lupin's shares are traded on the BSE and the NSE.

BSE: 500257; NSE: LUPINEQ; ISIN code: INE326A01037; Sector: Pharmaceuticals and healthcare; Industry: Pharmaceuticals

Lupin also listed on other indices like Nifty 50, MCX-SX 40 Index, S&P BSE 100, et cetera.

It also forms a part of the Bangalore Stock Exchange Limited, Cochin Stock Exchange Limited, and so on.

Market Capitalization:

As of March 2018, Lupin has a market capitalization of about Rs.33,000 crore.

Wealth and recent performance:

According to the fiscal year ending 2017–2018, the total income of Lupin was Rs.25,552.3 million. In the previous financial year, the total revenue of the company in the third quarter was, Rs.33,848.4 million.

The total expenses of the company dropped from Rs.21,445.1 million in the second quarter of FY18 to Rs.21,390.1 million in the third quarter of the same financial year.

The total expenditure of the company in the third quarter of the previous financial year was, Rs.21,621.9 million.

The profit before tax for the company in the third quarter of the FY18 was Rs.4,162.2 million which was a dip from the benefit before tax for the previous quarter which was Rs.5,098.2 million.

Should one invest in Lupin?

Lupin has achieved some records in recent years.

According to Bloomberg, in 2017, Lupin was the seventh largest generic pharmaceutical company by market capitalization and the sixth largest company in the generic pharmaceutical category concerning total revenue.

In India, the company was the second largest pharmaceutical company by total revenue in 2017.

In addition to all this, Lupin was the sixth largest generic pharmaceutical company in Japan in 2017.

Also, it is to be noted that Lupin had a consolidated sales amount of Rs.1,71,198 million in FY17 and a net profit of Rs.25,575 million in the same period.

The company has products that address cardiovascular health, diabetes, asthma, gastrointestinal issues, et cetera. These are all health issues that require regular medication.

The company has reported robust sales growth in 20151 2016, and 2017.

While many reasons can be given for investing in Lupin stocks, it would be better to spend after performing personal research, keeping in mind financial freedom and risk appetites.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.

Indexes and Exchages

Bombay Stock Exchange (BSE)

The Bombay Stock Exchange, more popular as BSE, is the first and oldest stock exchange in Asia. Premchand Roychand, an influential stockbroker and businessman, ventured into this ambitious journey in 1855 with around 20 associates. They organized meetings at several outdoor locations before finally finding a permanent place in Mumbai’s Dalal Street. BSE was thus formally established in 1875. The exchange chiefly facilitated floor trading for a century before adopting an automated digital platform in 1995. The company has grown enormously ever since and has joined the United Nations Sustainable Stock Exchange as a partner exchange in 2012. BSE has also opened India's first international exchange, known as INX, in 2016.

National Stock Exchange (NSE)

NSE was mainly a Government of India initiative that aspired to bring transparency to the Indian capital market. A group of leading Indian financial institutions, upon the government's instruction, joined their resources to set up the exchange. Established in 1992, NSE was the first demutualized electronic exchange of India. It was the first exchange in India that operated on an entirely automated, digital screen-based electronic trading system. The platform offered an easy trading facility and connected the investor base of the entire country. NSE has immensely expanded ever since and currently extends its services to various segments, such as equity derivatives, trading, debt and currency derivatives, clearing and settlement services in equity, etc.

NIFTY Index

Launched on 1st April 1996, the NIFTY is NSE's flagship index that helps investment managers in tracking the behavior of a portfolio of certain companies. The list includes 50 companies from 12 different sectors out of the 1600 companies registered under the NSE. These are the 50 blue-chip companies owning the largest and most liquid Indian securities. Therefore, it is popularly referred to as the Nifty 50 and the index symbolizes the weighted average of the stock value of these 50 companies. The Nifty exposes investors to the Indian market through one efficient portfolio. The IISL or India Index Services and Products is a specialized company that focuses on an index as a core product and it owns as well as manages the Nifty.

SENSEX Index

Just like NSE's Nifty 50, BSE's stock market index is called Sensex. The word 'Sensex' is a combination of the words 'Sensitive' and 'Index.' It is also known by the names of BSE 30 and S&P BSE SENSEX. It comprises of 30 well-established and financially thriving companies among the ones listed on BSE. These 30 companies represent diverse industrial sectors of the Indian economy and have the largest as well as most actively traded stocks. SENSEX is extensively reported in national and international markets, through both print and electronic media. It has a scientifically designed indexing system which is based on internationally accepted construction and review methodologies. Since September 2003, a free-float market capitalization methodology is applied to calculate Sensex.