Lupin rises 2.93% as Sensex climbs

Shares of . traded at Rs 773.9 on BSE at 02:14PM (IST) on Wednesday, up 2.93 per cent from previous close.

The scrip quoted a 52-week low price of Rs 583.05 and a high of Rs 812.3.

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

A total of 62,507 lakh shares changed hands on the counter till 02:14PM (IST).

The stock of Lupin Ltd. commanded a market value of Rs 35216.66 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 516.45, while the price-to-book value ratio stood at 2.79. Return on equity (ROE) was at -12.74 per cent, according to exchange data.

In the BSE500 pack, 357 stocks traded in the green, while 144 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 46.83 per cent in Lupin Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 13.81 per cent and 16.44 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 689.38 on February 08, while the 50-DMA was at 749.72. 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.