torrent pharma share price: Torrent Pharma declines 0.1% as Sensex climbs

Torrent Pharmaceuticals Ltd. shares are trading at Rs 3,070.7 on EEB at 12:39 PM (IST) on Tuesday, 0.1 percent less than the previous close.

The stock traded at a 52-week low of Rs 2,311.3 and a high of Rs 3,129.5.

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

A total of 1,837 lakh shares changed hands at the counter as of 12:39 PM (IST).

Torrent Pharmaceuticals Ltd.'s shares had a market value of Rs 51906.53 crore, according to the BSE.

The stock was trading at a price-earnings multiple (P / E) of 41.16, while the price-to-book ratio stood at 7.37. Return on equity (ROE) was 21.44 percent, according to exchange data.

In the BSE500 package, 184 shares were listed in green, while 316 shares were in red.

The stock's beta value, which measures volatility relative to the overall market, stood at 0.49.

Promoter / Holding FII

Promoters owned 71.25 percent of Torrent Pharmaceuticals Ltd. as of June 30, 2021, while domestic and foreign institutional investors owned 11.65 percent and 6.66 percent, respectively.

Moving averages
The stock's 200-DMA stood at 2704.92 on August 10, while the 50-DMA was at 2954.91. If a stock is trading below 50-DMA and 200-DMA, it generally means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered a downtrend and if it is trading between 50-DMA and 200-DMA, then it suggests that the stock can go in either direction.

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