Key Events This Week
Feb 9: Stock opens at Rs.2,198.95, up 1.41%
Feb 10: Significant open interest surge in derivatives signalling market positioning shift
Feb 13: Q3 FY26 results announced: strong revenue growth but margin compression and profit decline
Feb 13: Week closes at Rs.2,199.20, up 1.42% for the week
Monday, 9 February: Strong Start Amid Positive Market Sentiment
Lupin Ltd began the week on a positive note, closing at Rs.2,198.95, a gain of 1.41% from the previous Friday’s close of Rs.2,168.35. This outpaced the Sensex’s 1.04% rise to 37,113.23, signalling early bullish momentum. The stock’s volume was moderate at 10,442 shares, reflecting steady investor interest as the broader market showed optimism.
Tuesday, 10 February: Surge in Open Interest Indicates Market Positioning Shift
The most notable event of the week occurred on 10 February, when Lupin’s derivatives segment saw a significant 10.7% surge in open interest, rising from 28,037 to 31,040 contracts. This increase was accompanied by a 0.25% gain in the stock price to Rs.2,204.45, marginally outperforming the Sensex’s 0.25% rise to 37,207.34.
The surge in open interest, particularly in the options segment with a notional value of ₹17,454.8 crores, suggested fresh bullish bets and increased speculative activity. The futures segment also recorded robust activity with a value of approximately ₹51,008 lakhs. Despite this, delivery volumes declined by 25.94% compared to the five-day average, indicating that short-term traders and derivatives players were driving the price action rather than long-term holders.
Technically, Lupin was trading near its 52-week high of Rs.2,244.5, supported by all key moving averages, signalling a sustained bullish trend. The stock’s mojo score stood at 74.0, reflecting a Buy rating, slightly more cautious than its previous Strong Buy status.
Strong fundamentals, steady climb upward! This Large Cap from Telecommunication sector earned its Reliable Performer badge through consistent execution. Safety meets solid returns here!
- - Reliable Performer certified
- - Consistent execution proven
- - Large Cap safety pick
Wednesday, 11 February: Continued Gains Amid Market Stability
Lupin extended its gains modestly on 11 February, closing at Rs.2,208.75, up 0.20% from the previous day. This slight advance outperformed the Sensex’s 0.13% increase to 37,256.72. Trading volume was 16,433 shares, indicating sustained investor interest. The stock remained well supported technically, maintaining its position above key moving averages.
Thursday, 12 February: Price Holds Firm Despite Market Weakness
On 12 February, Lupin’s price inched up by 0.07% to Rs.2,210.20, marking the week’s high. This gain came despite the Sensex declining by 0.56% to 37,049.40, highlighting Lupin’s relative strength amid broader market weakness. Volume increased to 21,389 shares, reflecting heightened trading activity ahead of the company’s quarterly results announcement.
Friday, 13 February: Q3 FY26 Results and Weekly Close
Lupin announced its Q3 FY26 results on 13 February, reporting strong revenue growth but facing margin compression and a decline in profit. The stock closed lower at Rs.2,199.20, down 0.50% on the day, while the Sensex fell 1.40% to 36,532.48. Despite the profit decline, the revenue strength underscored operational resilience amid challenging cost pressures.
Weekly volume surged to 32,403 shares, reflecting active trading as investors digested the earnings report. The stock ended the week with a 1.42% gain from the previous Friday’s close, outperforming the Sensex’s 0.54% loss, signalling relative strength in a volatile environment.
Lupin Ltd. caught your attention? Explore our comprehensive research report with in-depth analysis of this mid-cap stock – fundamentals, valuations, financials, and technical outlook!
- - Comprehensive research report
- - In-depth mid-cap analysis
- - Valuation assessment included
Daily Price Performance: Lupin Ltd vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-09 | Rs.2,198.95 | +1.41% | 37,113.23 | +1.04% |
| 2026-02-10 | Rs.2,204.45 | +0.25% | 37,207.34 | +0.25% |
| 2026-02-11 | Rs.2,208.75 | +0.20% | 37,256.72 | +0.13% |
| 2026-02-12 | Rs.2,210.20 | +0.07% | 37,049.40 | -0.56% |
| 2026-02-13 | Rs.2,199.20 | -0.50% | 36,532.48 | -1.40% |
Key Takeaways
Positive Signals: Lupin’s 1.42% weekly gain outpaced the Sensex’s 0.54% decline, reflecting relative strength. The significant 10.7% surge in derivatives open interest on 10 February indicated fresh bullish positioning and heightened market interest. The stock’s technical positioning near its 52-week high and above key moving averages supports a constructive near-term outlook. Strong revenue growth in Q3 FY26 demonstrated operational resilience despite margin pressures.
Cautionary Notes: The decline in delivery volumes during the week suggests that short-term traders and derivatives players were more active than long-term investors, which could increase volatility. Margin compression and profit decline reported in the quarterly results highlight cost challenges that may weigh on near-term earnings. The stock’s mojo score downgrade from Strong Buy to Buy signals a more cautious stance from analysts.
Conclusion
Lupin Ltd’s performance this week was characterised by steady price appreciation supported by robust derivatives market activity and a strong revenue showing in its quarterly results. While the stock outperformed the broader market, the mixed signals from margin pressures and reduced delivery volumes suggest investors should monitor upcoming developments closely. The surge in open interest and sustained technical strength indicate that Lupin remains a focal point for market participants amid a volatile environment. Overall, the stock demonstrated resilience and remains under active watch for further directional cues.
Unlock special upgrade rates for a limited period. Start Saving Now →
