Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 3121.45 and a 52-week low of Rs 2290.0 on NSE. Around 4504 shares changed hands on the counter till 01:57PM (IST).
The stock opened at Rs 3109.0 and has touched an intraday high and low of Rs 3109.0 and Rs 3009.45 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 40.83, earnings per share (EPS) of Rs 74.52 and price to book value (PB) of 7.37, while the return on equity (ROE) stood at Rs 21.44.
Promoter/ FII Holding
The promoters held 71.25 per cent stake in the company as of July 29, while FII and MF ownerships stood at 13.28 per cent and 6.66 per cent, respectively.
Key Financials
With a market capitalisation of Rs 51487.7 crore, the company operates in the Pharma – Indian industry. For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 2174.0 crore, up 10.02 per cent from the previous quarter?s Rs 1976.0 crore and up 5.53 per cent from the same quarter a year ago. The company reported net profit of Rs 330.0 crore for the latest quarter, up 2.8 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 58.63. 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.
