Aurobindo Pharma rises 2.69% as Sensex climbs

Shares of Aurobindo Pharma Ltd. traded at Rs 605.3 on BSE at 10:15AM (IST) on Monday, up 2.69 per cent from previous close.

The scrip quoted a 52-week low price of Rs 397.3 and a high of Rs 647.9.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 21,001 lakh shares changed hands on the counter till 10:15AM (IST).

The stock of Aurobindo Pharma Ltd. commanded a market value of Rs 35094.79 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 17.57, while the price-to-book value ratio stood at 1.59. Return on equity (ROE) was at 10.77 per cent, according to exchange data.

In the BSE500 pack, 288 stocks traded in the green, while 213 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.06.

Promotor/FII Holding
Promoters held 48.76 per cent in Aurobindo Pharma Ltd. as of 31-Mar-2023 while overseas and domestic institutional investors owned 23.03 per cent and 7.64 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 507.29 on May 22, while the 50-DMA was at 550.03. 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.