Lupin Ltd. stock price up 0.86 per cent as Sensex climbs

Shares of Ltd. rose 0.86 per cent to Rs 1037.9 at 10:57AM hours (IST) on Tuesday. 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 45,034 shares with a turnover of Rs 4.68 crore till 10:57AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 41.01, while the price-to-book value ratio stood at 2.13.

Return on equity (ROE) was at -2.18 per cent, according to exchange data. The stock hit an intraday high of Rs 1046.7 and a low of Rs 1026.0 during the session and quoted a 52-week high price of Rs 1121.85 and a 52-week low of Rs 670.0.

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 975.74 on April 06, while the 50-DMA was at Rs 1037.53. 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 53.64. 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-Dec-2020, promoters held 46.88 per cent stake in the company, while overseas investors held 18.97 per cent and domestic institutional investors had 21.07 per cent.

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