HomeNewsBusinessStocksMidcap Losers: Lupin, Ola Electric stocks among top losers on Nifty Midcap 150 index today

Midcap Losers: Lupin, Ola Electric stocks among top losers on Nifty Midcap 150 index today

At 9:30 am, Lupin was among the top losers on the Nifty Midcap 150 index.

September 17, 2025 / 09:54 IST
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While Indian markets opened on a slightly positive note Wednesday, Lupin Ltd stock led the Nifty Midcap 150 losers, trading at Rs 2,027.30, a 1.19% drop from the previous close. Ola Electric and Tube Investment also experienced declines. The Nifty Midcap 150 index reflects these movements with broader implications for mid-cap stock performance.

Other stocks experiencing losses on the Nifty Midcap 150 included Ola Electric, trading at Rs 58.85 with a 0.81% decrease, and Tube Investment, trading at Rs 3,377.40, down by 0.79%. Glenmark and Marico also saw declines, trading at Rs 2,067.00 and Rs 721.35 respectively.

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Lupin Financial Overview

Lupin's financial performance shows a mix of quarterly and annual results. The consolidated revenue for the quarter-ending June 2025 stood at Rs 6,268.34 Crore, up from Rs 5,667.13 Crore in March 2025. Net profit for the same quarter was Rs 1,221.46 Crore, significantly higher than the Rs 782.38 Crore reported in the previous quarter.