A total of 30,902 shares changed hands on the counter till 01:59PM (IST).
Shares of . traded 4.4 per cent up at Rs 556.75 at around 01:59PM (IST) on Wednesday. The stock had closed at Rs 582.4 in the previous session. Equity benchmark traded 478.15 points lower at 74692.3 around the same time. The scrip has climbed 20.53 per cent in the last one year till date, while the 30-share index has gained 21.33 per cent during the same period.
The stock's 52-week high price stood at Rs 640.8 and the 52-week low price at Rs 446.05.
Trading volume on the counter stood at 30,902 shares, while it quoted a price-to-earnings ratio of 98.22, an EPS value of 5.9 and a price-to-book value of 7.97. In the Nifty50 pack, 18 stocks traded in the green, while 31 stocks were in the red.
Promoter/FII Holding
Promoters held 73.24 per cent stake in the company as of 31-Mar-2024, while overseas investor and mutual funds' ownership stood at 13.35 per cent and 6.43 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 23025.12 crore, down 14.24 per cent from the previous quarter's Rs 26849.7 crore and down 113.84 per cent from the year-ago quarter's Rs 10767.43 crore. The company reported net profit of Rs 173.67 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 640.8 and the 52-week low price at Rs 446.05.
Trading volume on the counter stood at 30,902 shares, while it quoted a price-to-earnings ratio of 98.22, an EPS value of 5.9 and a price-to-book value of 7.97. In the Nifty50 pack, 18 stocks traded in the green, while 31 stocks were in the red.
Promoter/FII Holding
Promoters held 73.24 per cent stake in the company as of 31-Mar-2024, while overseas investor and mutual funds' ownership stood at 13.35 per cent and 6.43 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 23025.12 crore, down 14.24 per cent from the previous quarter's Rs 26849.7 crore and down 113.84 per cent from the year-ago quarter's Rs 10767.43 crore. The company reported net profit of Rs 173.67 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times