Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 139.55 and a 52-week low of Rs 78.25 on NSE. Around 935946 shares changed hands on the counter till 11:22AM (IST).
The stock opened at Rs 135.0 and has touched an intraday high and low of Rs 139.55 and Rs 134.3 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 5.07, earnings per share (EPS) of Rs 27.3 and price to book value (PB) of 0.75, while the return on equity (ROE) stood at Rs 19.34.
Promoter/ FII Holding
The promoters held 51.5 per cent stake in the company as of November 08, while FII and MF ownerships stood at 7.21 per cent and 3.92 per cent, respectively.
Key Financials
With a market capitalisation of Rs 130339.03 crore, the company operates in the Oil Refining & Marketing industry. For the quarter ended 30-Sep-2021, the company reported consolidated sales of Rs 172646.31 crore, up 9.95 per cent from the previous quarter?s Rs 157018.41 crore and up 108.35 per cent from the same quarter a year ago. The company reported net profit of Rs 6203.74 crore for the latest quarter, up 2.95 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 71.18. 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.
