InterGlobe shares drop 0.16% as Sensex rises
The stock quoted a 52-week high of Rs 4520.0 and a 52-week low of Rs 2265.7.
Shares of . traded 0.16 per cent lower in Monday's session at 12:07PM (IST). The stock opened at Rs 4289.1 and has touched an intraday high and low of Rs 4296.0 and Rs 4208.0, respectively, during the session so far.The stock quoted a 52-week high of Rs 4520.0 and a 52-week low of 2265.7. About 19,521 shares changed hands on the counter so far.
Benchmark Nifty50 was up 102.81 points at 23059.9, while the BSE traded 421.22 points higher at 75831.61 at the time of writing of this report.
In the pack, 36 stocks traded the day in the green, while 14 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 2997.79 on May 27, while the 50-DMA was at Rs 3767.6. 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
