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Shares of . traded 0.69 per cent up at Rs 3605.25 at around 11:16AM (IST) on Friday. The stock had closed at Rs 3580.6 in the previous session. Equity benchmark Sensex traded 563.57 points higher at 53493.88 around the same time.

The scrip has climbed 12.79 per cent in the last one year till date, while the 30-share index has gained 8.8 per cent during the same period.

The stock’s 52-week high price stood at Rs 5930.7 and the 52-week low price at Rs 3099.15.

Trading volume on the counter stood at 10,554 shares, while it quoted a price-to-earnings ratio of 45.77, an EPS value of 78.82 and a price-to-book value of 9.07. In the Nifty50 pack, 42 stocks traded in the green, while 8 stocks were in the red.

Promoter/FII Holding
Promoters held 29.33 per cent stake in the company as of 31-Mar-2022, while overseas investor and MF ownership stood at 50.81 per cent and 5.94 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2021, the company reported consolidated sales of Rs 3656.08 crore, down 1.79 per cent from the previous quarter’s Rs 3722.7 crore and down 32.21 per cent from the year-ago quarter’s Rs 2765.34 crore. The company reported net profit of Rs 228.37 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.


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