Lupin rises 0.37% as Sensex climbs

economictimes.indiatimes.com:

Lupin Ltd. traded at Rs 1615.9 on BSE at 11:31AM (IST) on Wednesday, up 0.37 per cent from previous close.
The stock quoted a 52-week low price of Rs 644.65 and a high of Rs 1703.8.

Earlier, shares of the company saw a gap up opening in the morning.
A total of 4,943 lakh shares changed hands on the counter till 11:31AM (IST).
The stock of Lupin Ltd. commanded a market value of Rs 73626.3 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 41.11, while the price-to-book value ratio stood at 2.36. Return on equity (ROE) was at 3.49 per cent, according to exchange data.
In the BSE500 pack, 303 stocks traded in the green, while 197 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 46.76 per cent in Lupin Ltd. as of 31-Dec-2023 while overseas and domestic institutional investors owned 16.11 per cent and 18.92 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 1247.54 on April 03, while the 50-DMA was at 1589.71. 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.