Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4495.0 and a 52-week low of Rs 1949.3 on NSE. Around 18175 shares changed hands on the counter till 01:45PM (IST).
The stock opened at Rs 4450.0 and has touched an intraday high and low of Rs 4450.0 and Rs 4298.8 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 244.08, earnings per share (EPS) of Rs 17.83 and price to book value (PB) of 15.17, while the return on equity (ROE) stood at Rs 9.02.
Promoter/ FII Holding
The promoters held 74.99 per cent stake in the company as of September 27, while FII and MF ownerships stood at 10.04 per cent and 6.19 per cent, respectively.
Key Financials
With a market capitalisation of Rs 281859.72 crore, the company operates in the Supermarkets industry. For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 5214.58 crore, down 30.1 per cent from the previous quarter?s Rs 7459.8 crore and down 32.56 per cent from the same quarter a year ago. The company reported net profit of Rs 95.37 crore for the latest quarter, up 137.89 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 80.33. 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.
