Lupin Ltd. Achieves ₹16,916.22 Lakhs in Trade Value Today, Ranking Among Most Active Stocks

Lupin Ltd., a prominent player in the Pharmaceuticals & Biotechnology sector, has emerged as one of the most active equities today, with a total traded volume of 860,307 shares and a total traded value of approximately Rs 16,916.22 lakhs. The stock opened at Rs 1,933.0 and reached a day high of Rs 1,979.9, reflecting a notable intraday gain of 3.79%. The last traded price stands at Rs 1,972.3, marking a 3.64% return for the day, which outperformed the sector's return of 1.08% and the Sensex's return of 0.15%.
After experiencing four consecutive days of decline, Lupin's stock has shown signs of a trend reversal. It is currently trading above its 5-day, 50-day, and 100-day moving averages, although it remains below the 20-day and 200-day moving averages. However, investor participation appears to be waning, with delivery volume dropping by 47.98% compared to the 5-day average, totaling 336,000 shares on October 8. Despite this decline in participation, the stock maintains sufficient liquidity for trades up to Rs 4.08 crore, based on 2% of the 5-day average traded value. Overall, Lupin Ltd. has demonstrated a significant performance today amidst fluctuating investor engagement.