A total of 14,821 shares changed hands on the counter till 12:12PM (IST).
Shares of traded 1.12 per cent up at Rs 502.55 at around 12:12PM (IST) on Thursday. The stock had closed at Rs 496.95 in the previous session. Equity benchmark traded 477.89 points higher at 73239.78 around the same time. The scrip has climbed 3.7 per cent in the last one year till date, while the 30-share index has gained 25.77 per cent during the same period.
The stock's 52-week high price stood at Rs 595.0 and the 52-week low price at Rs 462.95.
Trading volume on the counter stood at 14,821 shares, while it quoted a price-to-earnings ratio of 44.44, an EPS value of 11.32 and a price-to-book value of 16.29. In the Nifty50 pack, 41 stocks traded in the green, while 9 stocks were in the red.
Promoter/FII Holding
Promoters held 59.39 per cent stake in the company as of 31-Dec-2023, while FII and mutual funds' ownership stood at 25.69 per cent and 3.08 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 2465.0 crore, down 1.95 per cent from the previous quarter's Rs 2514.0 crore and down 1.79 per cent from the year-ago quarter's Rs 2510.0 crore. The company reported net profit of Rs 383.0 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 595.0 and the 52-week low price at Rs 462.95.
Trading volume on the counter stood at 14,821 shares, while it quoted a price-to-earnings ratio of 44.44, an EPS value of 11.32 and a price-to-book value of 16.29. In the Nifty50 pack, 41 stocks traded in the green, while 9 stocks were in the red.
Promoter/FII Holding
Promoters held 59.39 per cent stake in the company as of 31-Dec-2023, while FII and mutual funds' ownership stood at 25.69 per cent and 3.08 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 2465.0 crore, down 1.95 per cent from the previous quarter's Rs 2514.0 crore and down 1.79 per cent from the year-ago quarter's Rs 2510.0 crore. The company reported net profit of Rs 383.0 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