InterGlobe shares down 3.26% as Sensex falls
A total of 40,654 shares changed hands on the counter till 01:54PM (IST)
Shares of . fell 3.26 per cent to Rs 4060.0 in Wednesday's session as of 01:54PM (IST) even as the equity benchmark traded 457.02 points lower at 74713.43.Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 4520.0 and a 52-week low of Rs 2316.05 on . Around 40654 shares changed hands on the counter till 01:54PM (IST).
The stock opened at Rs 4170.05 and has touched an intraday high and low of Rs 4175.9 and Rs 4036.65 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 19.69, earnings per share (EPS) of Rs 211.73 and price to book value (PB) of 68.53, while the return on equity (ROE) stood at Rs 409.35.
Promoter/ FII Holding
The promoters held 57.29 per cent stake in the company as of May 29, while FII and MF ownerships stood at 23.66 per cent and 12.38 per cent, respectively.
Key Financials
With a market capitalisation of Rs 160955.04 crore, the company operates in the Airlines industry. For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 18505.1 crore, down 7.76 per cent from the previous quarter?s Rs 20062.25 crore and down 26.75 per cent from the same quarter a year ago. The company reported net profit of Rs 1894.82 crore for the latest quarter, up 106.14 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 48.77. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Source: Stocks-Markets-Economic Times
