Lupin share price up 0.88 per cent

economictimes.indiatimes.com:

Lupin Ltd. traded 0.88 per cent up at Rs 938.8 at around 12:19PM (IST) on Monday. The stock had closed at Rs 930.65 in the previous session.

Equity benchmark Sensex traded 224.5 points higher at 66285.4 around the same time. The scrip has climbed 46.57 per cent in the last one year till date, while the 30-share index has gained 23.87 per cent during the same period. The stock's 52-week high price stood at Rs 943.1 and the 52-week low price at Rs 602.8.

Trading volume on the counter stood at 16,815 shares, while it quoted a price-to-earnings ratio of 99.16, an EPS value of 9.45 and a price-to-book value of 2.36. In the Nifty50 pack, 28 stocks traded in the green, while 22 stocks were in the red.Promoter/FII Holding Promoters held 47.07 per cent stake in the company as of 30-Jun-2023, while FII and MF ownership stood at 13.93 per cent and 17.0 per cent, respectively.Key Financials For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 4467.35 crore, up 2.93 per cent from the previous quarter's Rs 4340.18 crore and up 14.59 per cent from the year-ago quarter's Rs 3898.71 crore. The company reported net profit of Rs 235.96 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.