Aurobindo Pharma declines 0.14% as Sensex climbs

Shares of Aurobindo Pharma Ltd. traded at Rs 473.6 on BSE at 12:29PM (IST) on Tuesday, down 0.14 per cent from previous close.

The scrip quoted a 52-week low price of Rs 397.3 and a high of Rs 730.0.

Earlier, the stock saw a gap down opening in the morning.

A total of 16,966 lakh shares changed hands on the counter till 12:29PM (IST).

The stock of Aurobindo Pharma Ltd. commanded a market value of Rs 27820.37 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 13.93, while the price-to-book value ratio stood at 1.59. Return on equity (ROE) was at 10.77 per cent, according to exchange data.

In the BSE500 pack, 299 stocks traded in the green, while 202 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.06.

Promotor/FII Holding
Promoters held 48.76 per cent in Aurobindo Pharma Ltd. as of 31-Dec-2022 while foreign portfolio investors and domestic institutional investors owned 22.32 per cent and 7.5 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 499.29 on March 21, while the 50-DMA was at 450.01. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.