- Wealth PMS
Lupin had a good numbers in terms of sales i.e 41% growth QoQ. The net profits saw a growth of 56% QoQ.
The share price tumbled down by 5.52% to close at Rs 1599.90. This has been explained in online channels as not meeting expectations. But you know how markets are!
You might also like:
Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.
Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.