The stock quoted a 52-week high of Rs 170.0 and a 52-week low of 81.25. About 106,756 shares changed hands on the counter so far.
Benchmark Nifty50 was up 65.3 points at 16515.80, while the BSE Sensex traded 266.06 points higher at 55595.38 at the time of writing of this report.
In the Nifty pack, 29 stocks traded the day in the green, while 21 were in the red.
Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 17685.24 crore, up 9.27 per cent from the previous quarter’s Rs 16185.41 crore and up 43.4 per cent from the year-ago quarter. The company reported net profit of Rs 2137.75 crore for the latest quarter.
Promoter Holdings
Promoters held 51.83 per cent stake in the company as of 30-Jun-2021, while FIIs held 16.96 per cent and MFs 8.67 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 136.17 on August 23, while the 50-DMA was at Rs 148.53. 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.
