Lupin rises 0.44% as Sensex climbs
Lupin Ltd. traded at Rs 1275.9 on BSE at 12:50PM (IST) on Wednesday, up 0.44 per cent from previous close.
The scrip quoted a 52-week low price of Rs 628.1 and a high of Rs 1319.9.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 59,171 lakh shares changed hands on the counter till 12:50PM (IST).
The stock of Lupin Ltd.
commanded a market value of Rs 58063.56 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 43.62, 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, 289 stocks traded in the green, while 212 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 46.77 per cent in Lupin Ltd.
as of 30-Sep-2023 while foreign portfolio investors and domestic institutional investors owned 14.99 per cent and 16.71 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 961.81 on December 20, while the 50-DMA was at 1206.1. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
