The scrip quoted a 52-week low price of Rs 2311.3 and a high of Rs 3129.5.
Earlier, the stock saw a gap up opening in the morning.
A total of 1,424 lakh shares changed hands on the counter till 12:09PM (IST).
The stock of Torrent Pharmaceuticals Ltd. commanded a market value of Rs 51885.38 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 41.15, while the price-to-book value ratio stood at 7.37. Return on equity (ROE) was at 21.44 per cent, according to exchange data.
In the BSE500 pack, 147 stocks traded in the green, while 353 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.49.
Promotor/FII Holding
Promoters held 71.25 per cent in Torrent Pharmaceuticals Ltd. as of 30-Jun-2021 while foreign portfolio investors and domestic institutional investors owned 11.65 per cent and 6.66 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2699.53 on August 05, while the 50-DMA was at 2934.34. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
