Aurobindo Pharma share price: Aurobindo Pharma shares gain 1.32% as Sensex rises

Shares of Ltd. traded 1.32 per cent higher in Friday’s session at 12:04PM (IST). The stock opened at Rs 945.0 and has touched an intraday high and low of Rs 958.8 and Rs 939.85, respectively, during the session so far.

The stock quoted a 52-week high of Rs 1063.75 and a 52-week low of 737.9. About 44,510 shares changed hands on the counter so far.

Benchmark Nifty50 was up 25.25 points at 15815.70, while the BSE Sensex traded 57.76 points higher at 52756.76 at the time of writing of this report.

In the Nifty pack, 34 stocks traded the day in the green, while 16 were in the red.

Key Financials

For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 6079.6 crore, down 6.44 per cent from the previous quarter’s Rs 6498.31 crore and down 1.8 per cent from the year-ago quarter. The company reported net profit of Rs 801.58 crore for the latest quarter.


Promoter Holdings

Promoters held 51.94 per cent stake in the company as of 31-Mar-2021, while FIIs held 26.62 per cent and MFs 8.84 per cent.

Technicals

On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 894.75 on June 25, while the 50-DMA was at Rs 985.22. 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 well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.

Source Link