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Shares of Ltd. gained 0.49 per cent to Rs 524.0 in Friday’s session as of 11:13AM (IST) even as the equity benchmark Sensex traded 24.26 points higher at 55973.36.

Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 552.9 and a 52-week low of Rs 333.3 on NSE. Around 16941 shares changed hands on the counter till 11:13AM (IST).

The stock opened at Rs 528.7 and has touched an intraday high and low of Rs 528.7 and Rs 521.45 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 59.05, earnings per share (EPS) of Rs 8.87 and price to book value (PB) of 16.38, while the return on equity (ROE) stood at Rs 36.49.

Promoter/ FII Holding
The promoters held 59.61 per cent stake in the company as of August 27, while FII and MF ownerships stood at 24.98 per cent and 1.81 per cent, respectively.

Key Financials

With a market capitalisation of Rs 67668.79 crore, the company operates in the Personal Care industry. For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 2552.0 crore, up 25.04 per cent from the previous quarter?s Rs 2041.0 crore and up 31.28 per cent from the same quarter a year ago. The company reported net profit of Rs 356.0 crore for the latest quarter, down 6.56 per cent from the corresponding quarter last year.

Technical Indicators
The relative strength index (RSI) of the stock stands at 50.01. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.


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