scorecardresearchLupin shares jump 8% to hit a 6-month high post Q2 earnings

Lupin shares jump 8% to hit a 6-month high post Q2 earnings

Updated: 10 Nov 2022, 03:03 PM IST
TL;DR.
Lupin reported a consolidated net profit of 130 crore, compared to a net loss of 2,098 crore in the corresponding quarter of last year. Its EBITDA margin came in at 10.93% in Q2, up 472 basis points (bps) from the preceding quarter.
After reaching a 52-week high of  <span class='webrupee'>₹</span>972 on December 14, 2021, the stock began to slide, and it remained in the same trend until May of this year, dropping 40% to hit a 52-week low of  <span class='webrupee'>₹</span>583.

After reaching a 52-week high of 972 on December 14, 2021, the stock began to slide, and it remained in the same trend until May of this year, dropping 40% to hit a 52-week low of 583.