Lupin stock price up 0.75 per cent as Sensex slides
Lupin Ltd. rose 0.75 per cent to Rs 897.6 at 10:56AM hours (IST) on Wednesday. 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 13,056 shares with a turnover of Rs 1.17 crore till 10:56AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 95.0, while the price-to-book value ratio stood at 2.36. Return on equity (ROE) was at 3.45 per cent, according to exchange data.
The stock hit an intraday high of Rs 902.4 and a low of Rs 894.35 during the session and quoted a 52-week high price of Rs 908.65 and a 52-week low of Rs 602.8. 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 728.77 on July 05, while the 50-DMA was at Rs 798.43. 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 72.63.
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