The stock quoted a 52-week high of Rs 1063.75 and a 52-week low of 660.1. About 126,325 shares changed hands on the counter so far.
Benchmark Nifty50 was down 209.1 points at 17646.00, while the BSE Sensex traded 798.86 points lower at 59279.02 at the time of writing of this report.
In the Nifty pack, 16 stocks traded the day in the green, while 34 were in the red.
Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 5783.29 crore, down 4.87 per cent from the previous quarter’s Rs 6079.6 crore and down 4.26 per cent from the year-ago quarter. The company reported net profit of Rs 769.97 crore for the latest quarter.
Promoter Holdings
Promoters held 51.83 per cent stake in the company as of 30-Jun-2021, while FIIs held 25.65 per cent and MFs 9.03 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 901.36 on September 28, while the 50-DMA was at Rs 800.5. 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.
