The stock quoted a 52-week high of Rs 140.5 and a 52-week low of 78.9. About 609,536 shares changed hands on the counter so far.
Benchmark Nifty50 was down 48.4 points at 15820.85, while the BSE Sensex traded 130.7 points lower at 52642.35 at the time of writing of this report.
In the Nifty pack, 15 stocks traded the day in the green, while 34 were in the red.
Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 18155.14 crore, down 1.55 per cent from the previous quarter’s Rs 18441.72 crore and down 11.69 per cent from the year-ago quarter. The company reported net profit of Rs 2921.87 crore for the latest quarter.
Promoter Holdings
Promoters held 55.99 per cent stake in the company as of 31-Mar-2021, while FIIs held 17.32 per cent and MFs 13.36 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 110.58 on June 16, while the 50-DMA was at Rs 115.7. 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.
