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Shares of . traded 0.3 per cent lower in Tuesday’s session at 12:33PM (IST). The stock opened at Rs 1270.0 and has touched an intraday high and low of Rs 1295.45 and Rs 1270.0, respectively, during the session so far.
The stock quoted a 52-week high of Rs 1503.7 and a 52-week low of 1037.8. About 5,508 shares changed hands on the counter so far.
Benchmark Nifty50 was down 19.5 points at 17471.2, while the BSE Sensex traded 112.32 points lower at 58661.55 at the time of writing of this report.
In the Nifty pack, 33 stocks traded the day in the green, while 17 were in the red.
Key Financials
For the quarter ended 30-Jun-2022, the company reported consolidated sales of Rs 4292.05 crore, down 3.99 per cent from the previous quarter’s Rs 4470.37 crore and down 62.32 per cent from the year-ago quarter. The company reported net profit of Rs 243.16 crore for the latest quarter.
Promoter Holdings
Promoters held 59.45 per cent stake in the company as of 30-Jun-2022, while FIIs held 23.1 per cent and MFs 4.21 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1245.73 on August 23, while the 50-DMA was at Rs 1210.94. 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.
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