Market

Lupin rises 0.25% as Sensex climbs

Shares of Ltd. traded at Rs 1150.5 on BSE at 12:24PM (IST) on Monday, up 0.25 per cent from previous close.

The scrip quoted a 52-week low price of Rs 828.65 and a high of Rs 1267.5.

Earlier, the stock saw a gap up opening in the morning.

A total of 105,928 lakh shares changed hands on the counter till 12:24PM (IST).

The stock of Lupin Ltd. commanded a market value of Rs 52182.29 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 42.89, while the price-to-book value ratio stood at 2.13. Return on equity (ROE) was at 8.81 per cent, according to exchange data.

In the BSE500 pack, 391 stocks traded in the green, while 109 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.75.

Promotor/FII Holding

Promoters held 46.58 per cent in Lupin Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 17.87 per cent and 13.05 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1049.24 on July 12, while the 50-DMA was at 1182.94. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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