The stock quoted a 52-week high of Rs 2306.15 and a 52-week low of 1220.2. About 36,482 shares changed hands on the counter so far.
Benchmark Nifty50 was down 216.55 points at 17638.55, while the BSE Sensex traded 826.66 points lower at 59251.22 at the time of writing of this report.
In the Nifty pack, 15 stocks traded the day in the green, while 35 were in the red.
Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 3170.25 crore, down 50.17 per cent from the previous quarter’s Rs 6361.8 crore and down 177.16 per cent from the year-ago quarter. The company reported net loss of Rs 3174.18 crore for the latest quarter.
Promoter Holdings
Promoters held 74.84 per cent stake in the company as of 30-Jun-2021, while FIIs held 20.21 per cent and MFs 2.6 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1716.9 on September 28, while the 50-DMA was at Rs 1827.75. 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.
