Stock including RIL, Airtel, Vedanta, ONGC, Adani Energy, Lupin, Bharti Hexacom, Biocon and more may remain under the spotlight before the opening bell on Tuesday, August 6.

Stocks in news: RIL, Airtel, Vedanta, ONGC, Adani Energy, Lupin and Biocon

As of 30-Jun-2024, promoters held 46.7 per cent stake in the company, while FIIs held 19.32 per cent and domestic institutional investors had 16.23 per cent.

Lupin stock price down 1.19 per cent as Sensex climbs

Buzzing Stocks Today, Stocks that will see action today: 6 August 2024 - MTNL, Lupin, RITES, Hudco, Sandhar Tech, Power Mech Projects, New India Assurance, VA Tech Wabag

Stock that will see action today: 6 August 2024

Indian benchmark indices plummeted almost 3% on Monday amid global market shocks and concerns over a US economy slowdown. RIL, Bharti Airtel, Vedanta, Tata Power, and other major companies were highlighted due to recent news and quarterly results. RILs AGM is on August 29, while ONGC and Airtel disclosed contrasting profit performances.

Stocks in news: RIL, Bharti Airtel, Vedanta, Tata Power, Lupin

Here are the earnings estimates of major companies that are scheduled to announce their results on Tuesday.

Tata Power, Vedanta, TVS Motor, Lupin Q1 Results Today — Earnings Estimates

Brokerage estimates suggest that the pharma major is expected to see strong double-digit growth in the bottom line and single-digit growth in the top line year-on-year (YoY)

Lupin Q1 Preview: Steady US sales, market share gains to boost profits

Q1 Result Expectation | कैसे रहेंगे इन कंपनियों के नतीजे? | Cummins | TVS Motors | Lupin |CNBC Awaaz

A total of 9,536 shares changed hands on the counter till 11:16AM (IST).

Share price of Lupin falls as Nifty weakens

Power Finance Corp, Vedanta, Tata Power, Britannia Industries, TVS Motor, Bosch, Shree Cement, Solar Industries, Lupin, Linde India, PB Fintech, PI Industries, Berger Paints, Gujarat Gas, and others will announce their June quarter results.

Q1 results this week: LIC, Airtel, Vedanta, Eicher Motors, Tata Power and others

On the technical charts, the RSI of the stock stood at 78.21.

Lupin shares gain 0.61% as Sensex falls

Lupin Ltd is quoting at Rs 1942.7, up 1.61% on the day as on 12:44 IST on the NSE. The stock is up 95.32% in last one year as compared to a 27.95% jump in NIFTY and a 45.86% jump in the Nifty Pharma.

Lupin Ltd spurts 1.61%, rises for fifth straight session

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Lupin Limited is engaged in producing, developing and marketing a range of branded and generic formulations, biotechnology products and active pharmaceutical ingredients (APIs) across the world.

Lupin Ltd