The stock quoted a 52-week high of Rs 666.85 and a 52-week low of Rs 486.75.
Shares of traded 0.26 per cent higher in Monday's session at 11:42AM (IST). The stock opened at Rs 656.05 and has touched an intraday high and low of Rs 658.0 and Rs 646.55, respectively, during the session so far.The stock quoted a 52-week high of Rs 666.85 and a 52-week low of 486.75. About 141,386 shares changed hands on the counter so far.
Benchmark Nifty50 was up 90.6 points at 24592.75, while the BSE traded 219.29 points higher at 80738.63 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-Mar-2024, the company reported consolidated sales of Rs 2293.0 crore, down 6.98 per cent from the previous quarter's Rs 2465.0 crore and down 0.65 per cent from the year-ago quarter. The company reported net profit of Rs 318.0 crore for the latest quarter.
Promoter Holdings
Promoters held 59.35 per cent stake in the company as of 31-Mar-2024, while FIIs held 25.55 per cent and MFs 3.12 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 548.59 on July 15, while the 50-DMA was at Rs 612.92. 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