Lupin Share Price: Lupin declines 1.46% as Sensex slides

Shares of Ltd. traded at Rs 949.4 on BSE at 01:36PM (IST) on Wednesday, down 1.46 per cent from previous close.

The scrip quoted a 52-week low price of Rs 856.0 and a high of Rs 1267.5.

Earlier, the stock saw a gap down opening in the morning.



A total of 58,255 lakh shares changed hands on the counter till 01:36PM (IST).

The stock of Lupin Ltd. commanded a market value of Rs 43177.5 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 26.14, while the price-to-book value ratio stood at 3.36. Return on equity (ROE) was at 8.93 per cent, according to exchange data.

In the BSE500 pack, 164 stocks traded in the green, while 336 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.75.

Promotor/FII Holding

Promoters held 46.55 per cent in Lupin Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 18.6 per cent and 11.43 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1068.89 on October 06, while the 50-DMA was at 996.28. 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.

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