Lupin Ltd. Hits 52-Week High and Receives 'Buy' Rating from MarketsMOJO

Sep 02 2024 09:43 AM IST
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Lupin Ltd., a leading pharmaceutical company, has reached a 52-week high on September 2nd, 2024, with its stock price at Rs. 2265.25. The company has shown a strong performance in line with the sector, trading above its moving averages and delivering consistent returns. Its 1-year performance of 104.88% showcases its strong position in the market.

Lupin Ltd., a leading pharmaceutical company in the largecap industry, has recently hit a 52-week high on September 2nd, 2024. This positive trend has been reflected in the stock call given by MarketsMOJO, which has rated the stock as a 'Buy'.

The stock price of Lupin Ltd. has reached a new high of Rs. 2265.25, showing a strong performance in line with the sector. In the last two days, the stock has gained 2.27% and has been trading in a narrow range of Rs. 20.15. This indicates a stable and consistent growth for the company.

Moreover, Lupin Ltd. is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which further strengthens its positive outlook.

In comparison to the Sensex performance of 26.33%, Lupin Ltd. has shown an impressive 1-year performance of 104.88%. This showcases the company's strong position in the market and its ability to deliver consistent returns to its investors.

With its recent 52-week high and positive stock call, Lupin Ltd. continues to be a promising player in the pharma industry. Its consistent growth and strong performance make it a favorable choice for investors looking for stable and reliable returns.
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