The stock’s 52-week high was Rs 706.85 and its 52-week low was Rs 404.0.
The trading volume was 36,704 shares, with a price-earnings ratio of 46.9, EPS of 14.52 and price-to-book ratio of 3.25. Of the Nifty 50 stocks, 41 were trading in the positive and 9 in the negative.
Promoter/FII Holdings
As of June 30, 2024, promoters hold 70.33% stake in the company, while FIIs and mutual funds’ ownership stands at 9.59% and 5.53%, respectively.
Key Financial Information
The company reported consolidated revenue of Rs 91,274.5 million for the quarter ended March 31, 2024, up 9.67% from Rs 83,224.5 million in the previous quarter and up 10.63% from Rs 82,545 million in the same period last year. The company reported net profit of Rs 10,551.6 million for the latest quarter.
Technical Indicators
MACD signaled a bearish bias in the counter. MACD is known to signal trend reversals in the security or index being traded. It is the difference between the 26-day exponential moving average and the 12-day exponential moving average. A 9-day exponential moving average, called the signal line, is plotted above the MACD to reflect “buying” or “selling” opportunities. When the MACD crosses below the signal line, it is a bearish signal, indicating that the price of the security may move lower and vice versa.
