InterGlobe shares gain 1.09% as Sensex rises
The stock quoted a 52-week high of Rs 4012.85 and a 52-week low of Rs 2016.05.
Shares of . traded 1.09 per cent higher in Tuesday's session at 11:36AM (IST). The stock opened at Rs 3967.0 and has touched an intraday high and low of Rs 3995.95 and Rs 3936.9, respectively, during the session so far.The stock quoted a 52-week high of Rs 4012.85 and a 52-week low of 2016.05. About 9,017 shares changed hands on the counter so far.
Benchmark Nifty50 was up 90.65 points at 22734.05, while the BSE traded 296.69 points higher at 74967.97 at the time of writing of this report.
In the pack, 34 stocks traded the day in the green, while 16 were in the red.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 20062.25 crore, up 29.41 per cent from the previous quarter's Rs 15502.94 crore and up 30.19 per cent from the year-ago quarter. The company reported net profit of Rs 2998.12 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 2857.75 on April 30, while the 50-DMA was at Rs 3387.82. 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
