Lupin hits a new high
By
Research Desk
about 11 years ago
Lupin has hit a 52-week high today at Rs.661.60 and though it has come off from that high for now, it remains strongly in the green, up 2.26% at Rs.659.50.
The stock is up on news that FIIs have hiked stake in the company from 27.99% at end Q3Fy13 to 28.8% at end of Q4FY13. The overseas hiking stake consistently in this Indian pharma company has enthused the market and given the mentality to follow FIIs, the stock seems to have come onto the radar of most investors and traders alike.