Lupin stock price down 1.29 per cent as Sensex slides
Lupin Ltd. fell 1.29 per cent to Rs 1135.85 at 11:38AM hours (IST) on Monday.
Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 16,284 shares with a turnover of Rs 186.0 crore till 11:38AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 53.15, 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.
The stock hit an intraday high of Rs 1157.0 and a low of Rs 1133.35 during the session and quoted a 52-week high price of Rs 1174.25 and a 52-week low of Rs 623.2.
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 817.87 on September 18, while the 50-DMA was at Rs 1046.43. 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 63.19.
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 30-Jun-2023, promoters held 47.07 per cent stake in the company, while overseas investors held 13.93 per cent and domestic institutional investors had 28.94 per cent.
