Lupin jumps 5% on strong Q2 performance; brokerages tag BUY - check price targets
Lupin Share Price: The drug maker on Wednesday said its consolidated net profit stood at Rs 130 crore for the second quarter ended September 30, 2022.
Lupin Share Price: Shares of Lupin rallied 5 per cent on Thursday, November 8, after the company announced a consolidated net profit of Rs 130 crore for September quarter 2022-23. The stock jumped 5.16 per cent to Rs 729.85 on the BSE. At the NSE, it rallied 5.04 per cent to Rs 729.25.
The drug maker on Wednesday said its consolidated net profit stood at Rs 130 crore for the second quarter ended September 30, 2022. The Mumbai-based company had reported a net loss of Rs 2,098 crore for July-September period a year ago.
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Brokerages have given a positive view on Lupin post declaration of the second quarter result:
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