The stock’s 52-week high price stood at Rs 7064.6 and the 52-week low price at Rs 3973.15.
Trading volume on the counter stood at 955 shares, while it quoted a price-to-earnings ratio of 155.95, an EPS value of 44.46 and a price-to-book value of 2.39. In the Nifty50 pack, 36 stocks traded in the green, while 14 stocks were in the red.
Promoter/FII Holding
Promoters held 37.88 per cent stake in the company as of 30-Jun-2024, while FII and mutual funds’ ownership stood at 32.14 per cent and 10.98 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 808.72 crore, up 22.57 per cent from the previous quarter’s Rs 659.81 crore and up 376.59 per cent from the year-ago quarter’s Rs 169.69 crore. The company reported net profit of Rs 60.39 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
