Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 2577.25 and a 52-week low of Rs 1178.85 on NSE. Around 51327 shares changed hands on the counter till 11:27AM (IST).
The stock opened at Rs 2522.0 and has touched an intraday high and low of Rs 2577.25 and Rs 2505.0 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 45.72, earnings per share (EPS) of Rs 55.83 and price to book value (PB) of 1.22, while the return on equity (ROE) stood at Rs 4.1.
Promoter/ FII Holding
The promoters held 43.52 per cent stake in the company as of August 04, while FII and MF ownerships stood at 33.27 per cent and 1.44 per cent, respectively.
Key Financials
With a market capitalisation of Rs 60909.36 crore, the company operates in the Diversified industry. For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 3565.98 crore, up 9.22 per cent from the previous quarter?s Rs 3264.82 crore and up 0.41 per cent from the same quarter a year ago. The company reported net loss of Rs 571.21 crore for the latest quarter, down 66.44 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 73.38. 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.
