Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4399.95 and a 52-week low of Rs 2219.0 on NSE. Around 1467 shares changed hands on the counter till 12:19PM (IST).
The stock opened at Rs 4350.0 and has touched an intraday high and low of Rs 4399.95 and Rs 4288.1 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 12.77, earnings per share (EPS) of Rs 336.88 and price to book value (PB) of 0.99, while the return on equity (ROE) stood at Rs 9.82.
Promoter/ FII Holding
The promoters held 49.95 per cent stake in the company as of September 01, while FII and MF ownerships stood at 15.13 per cent and 2.52 per cent, respectively.
Key Financials
With a market capitalisation of Rs 47884.03 crore, the company operates in the Holding – Diversified industry. For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 110.64 crore, down 1.57 per cent from the previous quarter?s Rs 112.41 crore and down 5.01 per cent from the same quarter a year ago. The company reported net profit of Rs 778.56 crore for the latest quarter, up 14.64 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 68.89. 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.
