Lupin stock price down 0.26 per cent as Sensex climbs
Lupin Ltd. fell 0.26 per cent to Rs 1601.05 at 12:58PM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 5,720 shares with a turnover of Rs 0.92 crore till 12:58PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 38.66, while the price-to-book value ratio stood at 5.16.
Return on equity (ROE) was at 13.39 per cent, according to exchange data. The stock hit an intraday high of Rs 1624.0 and a low of Rs 1600.65 during the session and quoted a 52-week high price of Rs 1727.9 and a 52-week low of Rs 810.0.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.75.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1407.89 on June 14, while the 50-DMA was at Rs 1617.99. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 46.93. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Mar-2024, promoters held 47.01 per cent stake in the company, while foreign institutional investors held 18.29 per cent and domestic
