The stock quoted a 52-week high of Rs 2668.85 and a 52-week low of 1346.05. About 5,569 shares changed hands on the counter so far.
Benchmark Nifty50 was up 82.1 points at 14663.55, while the BSE Sensex traded 156.21 points higher at 48959.89 at the time of writing of this report.
In the Nifty pack, 38 stocks traded the day in the green, while 12 were in the red.
Key Financials
For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 1201.0 crore, up 0.81 per cent from the previous quarter’s Rs 1191.3 crore and up 38.22 per cent from the year-ago quarter. The company reported net profit of Rs 195.4 crore for the latest quarter.
Promoter Holdings
Promoters held 46.75 per cent stake in the company as of 31-Dec-2020, while FIIs held 21.45 per cent and MFs 16.19 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 2114.02 on April 16, while the 50-DMA was at Rs 2275.92. 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.
