Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 2306.15 and a 52-week low of Rs 1260.0 on NSE. Around 18066 shares changed hands on the counter till 10:30AM (IST).
The stock opened at Rs 1926.0 and has touched an intraday high and low of Rs 1987.5 and Rs 1926.0 during the session so far. The stock quoted a price-to-earnings (PE) ratio of -12.34, earnings per share (EPS) of Rs -159.42 and price to book value (PB) of 599.54, while the return on equity (ROE) stood at Rs -8300.11.
Promoter/ FII Holding
The promoters held 74.84 per cent stake in the company as of October 07, while FII and MF ownerships stood at 20.21 per cent and 2.6 per cent, respectively.
Key Financials
With a market capitalisation of Rs 75694.48 crore, the company operates in the Airlines industry. 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 same quarter a year ago. The company reported net loss of Rs 3174.18 crore for the latest quarter, up 11.6 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 48.24. 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.
