Lupin Ltd. witnessed a 1.64% increase in its stock price to Rs 1815.85 during Monday’s trading session by 10:30 AM (IST). The stock reached a high of Rs 1817.2 and a low of Rs 1767.2 earlier in the session.
Lupin Ltd
Over the past 52 weeks, the stock has ranged from a high of Rs 1847.6 to a low of Rs 931.4. Its return on equity stands at 13.5%. A total of 2,999 shares have been traded so far.
The stock’s beta value, indicating its volatility relative to the broader market, is currently at 0.75.
Lupin Ltd. has demonstrated strong performance, delivering a 125.0% increase over the past year, compared to the Sensex’s gain of 28.91%.
Technical Analysis:
As of July 22, the stock’s 200-day moving average (DMA) is at Rs 931.4, while the 50-DMA stands at Rs 1659.51. Trading significantly above these averages generally suggests an upward trend. Conversely, trading well below both averages indicates a bearish trend, while trading between them suggests a neutral outlook.
Promoter and Institutional Holdings:
As of June 30, 2024, promoters hold a 46.7% stake in Lupin Ltd. Mutual funds and foreign institutional investors (FIIs) hold stakes of 16.23% and 19.32%, respectively.
