The stock quoted a 52-week high of Rs 1718.45 and a 52-week low of 303.2. About 182,732 shares changed hands on the counter so far.
Benchmark Nifty50 was up 175.8 points at 18514.35, while the BSE Sensex traded 592.95 points higher at 61898.9 at the time of writing of this report.
In the Nifty pack, 32 stocks traded the day in the green, while 18 were in the red.
Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 12730.63 crore, down 7.0 per cent from the previous quarter’s Rs 13688.95 crore and down 131.38 per cent from the year-ago quarter. The company reported net profit of Rs 271.46 crore for the latest quarter.
Promoter Holdings
Promoters held 74.92 per cent stake in the company as of 30-Jun-2021, while FIIs held 19.65 per cent and MFs 0.82 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1183.51 on October 18, while the 50-DMA was at Rs 1501.33. 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.
