Lupin gains 2%; plans to invest in Japan

The company is planning to make significant investments in Japan, says report.

Lupin stock was up by 2% at Rs. 1792. Report says that the company is planning to make significant investments in Japan.

The scrip opened at Rs. 1765.05 and has touched a high and low of Rs. 1798 and Rs. 1765.05 respectively. So far 161746(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 79395.18 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2127 on 06-Oct-2015 and a 52 week low of Rs. 1589.4 on 14-May-2015. Last one week high and low of the scrip stood at Rs. 1820 and Rs. 1733 respectively.

The promoters holding in the company stood at 46.53 % while Institutions and Non-Institutions held 43.56 % and 9.92 % respectively.

The stock is currently trading below its 200 DMA.