Lupin stock price up 2.15 per cent as Sensex climbs
Lupin Ltd. rose 2.15 per cent to Rs 1058.1 at 01:34PM hours (IST) on Friday. 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 197,067 shares with a turnover of Rs 2058.0 crore till 01:34PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 112.27, 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 1078.0 and a low of Rs 1011.1 during the session and quoted a 52-week high price of Rs 1078.0 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 758.86 on August 04, while the 50-DMA was at Rs 888.43. 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 87.09.
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