The scrip had closed at Rs 3067.5 in the previous session. The stock quoted a 52-week low of Rs 2311.3 and a high of Rs 3248.0. The company quoted a market-cap of Rs 52062.22 crore on the BSE.
On BSE, 1,360 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 41.29 times its trailing 12-month EPS of Rs 74.52 per share and 7.37 times its book value. The return on equity (ROE) stood at Rs 21.44.
Key Financials
For the quarter ended 30-Jun-2021, Torrent Pharmaceuticals Ltd. reported consolidated sales of Rs 2174.0 crore, up 5.53 per cent from the same quarter a year ago. The company reported 2.8 per cent YoY growth in net profit at Rs 330.0 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Thursday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold 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.
