The stock quoted a 52-week high of Rs 661.1 and a 52-week low of 300.85. About 97,679 shares changed hands on the counter so far.
Benchmark Nifty50 was down 93.95 points at 14537.15, while the BSE Sensex traded 385.88 points lower at 48396.48 at the time of writing of this report.
In the Nifty pack, 22 stocks traded the day in the green, while 27 were in the red.
Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 6140.54 crore, up 0.47 per cent from the previous quarter’s Rs 6111.56 crore and up 48.73 per cent from the year-ago quarter. The company reported net profit of Rs 310.05 crore for the latest quarter.
Promoter Holdings
Promoters held 57.4 per cent stake in the company as of 31-Mar-2021, while FIIs held 12.34 per cent and MFs 11.5 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 502.32 on May 03, while the 50-DMA was at Rs 585.81. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
