Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 3784.8 and a 52-week low of Rs 1850.0 on NSE. Around 948 shares changed hands on the counter till 01:09PM (IST).
The stock opened at Rs 3385.0 and has touched an intraday high and low of Rs 3425.45 and Rs 3377.45 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 12.42, earnings per share (EPS) of Rs 275.15 and price to book value (PB) of 0.72, while the return on equity (ROE) stood at Rs 10.77.
Promoter/ FII Holding
The promoters held 49.95 per cent stake in the company as of April 23, while FII and MF ownerships stood at 15.85 per cent and 1.91 per cent, respectively.
Key Financials
With a market capitalisation of Rs 38036.23 crore, the company operates in the Holding – Diversified industry. For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 113.66 crore, down 13.66 per cent from the previous quarter?s Rs 131.64 crore and down 16.66 per cent from the same quarter a year ago. The company reported net profit of Rs 1149.58 crore for the latest quarter, up 23.26 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 52.29. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
