Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 600.9 and a 52-week low of Rs 195.95 on NSE. Around 38832 shares changed hands on the counter till 02:36PM (IST).
The stock opened at Rs 517.0 and has touched an intraday high and low of Rs 519.8 and Rs 512.95 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 27.73, earnings per share (EPS) of Rs 18.55 and price to book value (PB) of 4.78, while the return on equity (ROE) stood at Rs 15.84.
Promoter/ FII Holding
The promoters held 51.62 per cent stake in the company as of July 14, while FII and MF ownerships stood at 19.69 per cent and 20.28 per cent, respectively.
Key Financials
With a market capitalisation of Rs 42170.31 crore, the company operates in the NBFC – Diversified industry. For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 2479.8 crore, down 1.61 per cent from the previous quarter?s Rs 2520.48 crore and down 14.51 per cent from the same quarter a year ago. The company reported net profit of Rs 245.13 crore for the latest quarter, up 477.46 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 39.5. 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.
