Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 487.5 and a 52-week low of Rs 219.35 on NSE. Around 97779 shares changed hands on the counter till 12:38PM (IST).
The stock opened at Rs 425.0 and has touched an intraday high and low of Rs 432.0 and Rs 421.2 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 7.87, earnings per share (EPS) of Rs 54.78 and price to book value (PB) of 0.65, while the return on equity (ROE) stood at Rs 13.15.
Promoter/ FII Holding
The promoters held 40.31 per cent stake in the company as of May 11, while FII and MF ownerships stood at 28.2 per cent and 9.27 per cent, respectively.
Key Financials
With a market capitalisation of Rs 21750.98 crore, the company operates in the NBFC – Housing industry. For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 4926.65 crore, down 1.22 per cent from the previous quarter?s Rs 4987.64 crore and down 1.59 per cent from the same quarter a year ago. The company reported net profit of Rs 722.87 crore for the latest quarter, up 20.03 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 61.57. 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.
