Lupin share price up 0.52 per cent

economictimes.indiatimes.com:

Lupin Ltd. traded 0.52 per cent up at Rs 1087.0 at around 10:20AM (IST) on Tuesday. The stock had closed at Rs 1081.4 in the previous session.

Equity benchmark Sensex traded 24.1 points lower at 65929.38 around the same time. The scrip has climbed 63.2 per cent in the last one year till date, while the 30-share index has gained 12.99 per cent during the same period. The stock's 52-week high price stood at Rs 1089.7 and the 52-week low price at Rs 602.8.

Trading volume on the counter stood at 15,377 shares, while it quoted a price-to-earnings ratio of 50.82, an EPS value of 21.35 and a price-to-book value of 2.36. In the Nifty50 pack, 25 stocks traded in the green, while 24 stocks were in the red.Promoter/FII Holding Promoters held 47.07 per cent stake in the company as of 30-Jun-2023, while overseas investor and mutual funds' ownership stood at 13.93 per cent and 17.0 per cent, respectively.Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 4836.89 crore, up 8.27 per cent from the previous quarter's Rs 4467.35 crore and up 29.0 per cent from the year-ago quarter's Rs 3749.4 crore. The company reported net profit of Rs 452.26 crore for the latest quarter.Technical Indicators The MACD signalled a bullish bias on the counter.

The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.