The stock quoted a 52-week high of Rs 2055.1 and a 52-week low of 990.3. About 4,115 shares changed hands on the counter so far.
Benchmark Nifty50 was up 117.2 points at 14940.35, while the BSE Sensex traded 348.93 points higher at 49555.4 at the time of writing of this report.
In the Nifty pack, 41 stocks traded the day in the green, while 9 were in the red.
Key Financials
For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 2983.3 crore, down 17.34 per cent from the previous quarter’s Rs 3609.3 crore and down 7.63 per cent from the year-ago quarter. The company reported net profit of Rs 295.5 crore for the latest quarter.
Promoter Holdings
Promoters held 75.0 per cent stake in the company as of 31-Mar-2021, while FIIs held 4.37 per cent and MFs 1.64 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1520.88 on May 10, while the 50-DMA was at Rs 1850.33. 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.
