The stock quoted a 52-week high of Rs 4610.0 and a 52-week low of Rs 2334.95.
Shares of . traded 1.67 per cent lower in Monday's session at 01:39PM (IST). The stock opened at Rs 4342.95 and has touched an intraday high and low of Rs 4342.95 and Rs 4244.9, respectively, during the session so far.The stock quoted a 52-week high of Rs 4610.0 and a 52-week low of 2334.95. About 28,449 shares changed hands on the counter so far.
Benchmark Nifty50 was down 40.85 points at 24283.0, while the BSE traded 95.79 points lower at 79900.81 at the time of writing of this report.
In the pack, 17 stocks traded the day in the green, while 32 were in the red.
Key Financials
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 year-ago quarter. The company reported net profit of Rs 1894.82 crore for the latest quarter.
Promoter Holdings
Promoters held 57.29 per cent stake in the company as of 31-Mar-2024, while FIIs held 23.66 per cent and MFs 12.38 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 3256.1 on July 08, while the 50-DMA was at Rs 4217.04. 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 well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times