Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 600.9 and a 52-week low of Rs 215.6 on NSE. Around 51576 shares changed hands on the counter till 11:43AM (IST).
The stock opened at Rs 554.05 and has touched an intraday high and low of Rs 568.0 and Rs 551.95 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 32.61, earnings per share (EPS) of Rs 17.29 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 51.61 per cent stake in the company as of September 01, while FII and MF ownerships stood at 22.14 per cent and 17.93 per cent, respectively.
Key Financials
With a market capitalisation of Rs 46238.36 crore, the company operates in the NBFC – Diversified industry. For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 2481.91 crore, up 0.09 per cent from the previous quarter?s Rs 2479.8 crore and up 16.76 per cent from the same quarter a year ago. The company reported net profit of Rs 328.55 crore for the latest quarter, down 23.82 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 66.98. 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.
