Lupin stock price up 0.93 per cent as Sensex slides
Lupin Ltd. rose 0.93 per cent to Rs 1413.25 at 12:04PM hours (IST) on Thursday. 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 27,225 shares with a turnover of Rs 3.79 crore till 12:04PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 47.98, 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 1413.25 and a low of Rs 1367.45 during the session and quoted a 52-week high price of Rs 1422.1 and a 52-week low of Rs 628.1.
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 1032.21 on January 18, while the 50-DMA was at Rs 1282.78.
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 66.8. 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.
