As of 31-Dec-2023, promoters held 37.92 per cent stake in the company, while FIIs held 18.7 per cent and domestic institutional investors had 12.3 per cent.
Shares of . rose 1.35 per cent to Rs 3292.0 at 10:00AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.As per data available on , total traded quantity on the counter stood at 18,546 shares with a turnover of Rs 6.13 crore till 10:00AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 17.75, while the price-to-book value ratio stood at -11.79.
Return on equity (ROE) was at 0.0 per cent, according to exchange data. The stock hit an intraday high of Rs 3339.0 and a low of Rs 3235.25 during the session and quoted a 52-week high price of Rs 3339.0 and a 52-week low of Rs 1810.45.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.88.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 2713.46 on March 19, while the 50-DMA was at Rs 3094.55. 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 below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 61.71. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Dec-2023, promoters held 63.13 per cent stake in the company, while foreign institutional investors held 18.7 per cent and domestic institutional investors had 14.65 per cent.
Source: Stocks-Markets-Economic Times