The stock quoted a 52-week high of Rs 351.15 and a 52-week low of 183.35. About 38,183 shares changed hands on the counter so far.
Benchmark Nifty50 was up 63.75 points at 15750.70, while the BSE Sensex traded 262.36 points higher at 52568.44 at the time of writing of this report.
In the Nifty pack, 26 stocks traded the day in the green, while 24 were in the red.
Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 7811.96 crore, up 3.43 per cent from the previous quarter’s Rs 7552.73 crore and up 22.22 per cent from the year-ago quarter. The company reported net profit of Rs 947.21 crore for the latest quarter.
Promoter Holdings
Promoters held 63.29 per cent stake in the company as of 31-Mar-2021, while FIIs held 17.75 per cent and MFs 4.91 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 273.93 on June 24, while the 50-DMA was at Rs 321.44. 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.
