Aurobindo Pharma share price: Aurobindo Pharma stock price up 2.45 per cent as Sensex climbs

Shares of Ltd. rose 2.45 per cent to Rs 1037.55 at 10:36AM hours (IST) on Monday. 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 45,852 shares with a turnover of Rs 4.74 crore till 10:36AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 11.25, while the price-to-book value ratio stood at 1.44.

Return on equity (ROE) was at 16.84 per cent, according to exchange data. The stock hit an intraday high of Rs 1046.9 and a low of Rs 1013.0 during the session and quoted a 52-week high price of Rs 1046.9 and a 52-week low of Rs 639.85.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.06.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 873.09 on May 10, while the 50-DMA was at Rs 905.15. 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 70.41. 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-2021, promoters held 51.94 per cent stake in the company, while foreign institutional investors held 26.62 per cent and domestic institutional investors had 10.99 per cent.

Source Link