The stock quoted a 52-week high of Rs 2330.45 and a 52-week low of 1015.65. About 30,469 shares changed hands on the counter so far.
Benchmark Nifty50 was down 70.15 points at 15799.10, while the BSE Sensex traded 200.43 points lower at 52572.62 at the time of writing of this report.
In the Nifty pack, 17 stocks traded the day in the green, while 33 were in the red.
Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 3565.98 crore, up 9.22 per cent from the previous quarter’s Rs 3264.82 crore and up 0.41 per cent from the year-ago quarter. The company reported net loss of Rs 571.21 crore for the latest quarter.
Promoter Holdings
Promoters held 46.06 per cent stake in the company as of 31-Mar-2021, while FIIs held 29.07 per cent and MFs 1.4 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1573.96 on June 16, while the 50-DMA was at Rs 1792.66. 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.
