Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 1534.9 and a 52-week low of Rs 555.9 on NSE. Around 103503 shares changed hands on the counter till 12:03PM (IST).
The stock opened at Rs 1311.0 and has touched an intraday high and low of Rs 1336.8 and Rs 1286.0 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 14.72, earnings per share (EPS) of Rs 87.97 and price to book value (PB) of 1.66, while the return on equity (ROE) stood at Rs 11.5.
Promoter/ FII Holding
The promoters held 25.1 per cent stake in the company as of September 21, while FII and MF ownerships stood at 57.47 per cent and 4.85 per cent, respectively.
Key Financials
With a market capitalisation of Rs 34582.65 crore, the company operates in the NBFC – Vehicle Finance industry. For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 4651.5 crore, up 3.42 per cent from the previous quarter?s Rs 4497.87 crore and up 12.23 per cent from the same quarter a year ago. The company reported net profit of Rs 169.75 crore for the latest quarter, down 46.83 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 43.03. 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.
