Sunday, July 7, 2024
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Surat
31 C
Surat
Sunday, July 7, 2024

Shares of Lupine rose 0.79 percent in Tuesday’s trading session

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By 10:35AM (IST) on Tuesday, shares of Lupine Ltd rose 0.79 percent to Rs. 1629.0, even as the benchmark Nifty settled down 7.05 points to settle at 24134.9.

In the previous session, the scrip was Rs. It closed at 1616.2. Share Rs. 884.9 to a 52-week low of Rs. A high of 1727.9 was quoted. The company listed on BSE at Rs. A market-cap of 74088.83 crore was quoted.

So far 14,983 shares have changed hands on the counter on BSE. At its current price, the stock has a trailing 12-month EPS of Rs. 42.01 per share and traded at 38.7 times 5.16 times its book value. Return on Equity (ROE) Rs. It was 13.39.

Chief Financial Officer

For the quarter ended 31-Mar-2024, Lupine Ltd. reported Rs. 4990.04 crore, which was 11.7 percent lower than the same quarter a year ago. The company reported a 52.33 percent year-on-year growth in net profit in the latest quarter at Rs. 359.43 crore was recorded.

Technical indicators

The relative strength index (RSI) of the stock remained unchanged on Tuesday. RSI oscillates between zero and 100. Conventionally, an overbought condition is considered when the RSI value is above 70 and when it is below 30.

Analysts say that the RSI indicator should not be viewed in isolation, as it may not be sufficient to make a trading call, just as a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.

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