A total of 23,793 shares changed hands on the counter till 12:44PM (IST).
Shares of Ltd. traded 3.08 per cent up at Rs 742.3 at around 12:44PM (IST) on Wednesday. The stock had closed at Rs 765.9 in the previous session. Equity benchmark traded 658.14 points lower at 73009.82 around the same time. The scrip has climbed 60.5 per cent in the last one year till date, while the 30-share index has gained 25.41 per cent during the same period.
The stock's 52-week high price stood at Rs 909.0 and the 52-week low price at Rs 412.0.
Trading volume on the counter stood at 23,793 shares, while it quoted a price-to-earnings ratio of 68.44, an EPS value of 10.88 and a price-to-book value of 5.78. In the Nifty50 pack, 5 stocks traded in the green, while 45 stocks were in the red.
Promoter/FII Holding
Promoters held 23.75 per cent stake in the company as of 31-Dec-2023, while foreign institutional investors and MF ownership stood at 60.69 per cent and 10.62 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1380.99 crore, down 1.96 per cent from the previous quarter's Rs 1408.64 crore and down 16.4 per cent from the year-ago quarter's Rs 1186.39 crore. The company reported net profit of Rs 289.34 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 909.0 and the 52-week low price at Rs 412.0.
Trading volume on the counter stood at 23,793 shares, while it quoted a price-to-earnings ratio of 68.44, an EPS value of 10.88 and a price-to-book value of 5.78. In the Nifty50 pack, 5 stocks traded in the green, while 45 stocks were in the red.
Promoter/FII Holding
Promoters held 23.75 per cent stake in the company as of 31-Dec-2023, while foreign institutional investors and MF ownership stood at 60.69 per cent and 10.62 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1380.99 crore, down 1.96 per cent from the previous quarter's Rs 1408.64 crore and down 16.4 per cent from the year-ago quarter's Rs 1186.39 crore. The company reported net profit of Rs 289.34 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