The stock quoted a 52-week high of Rs 817.95 and a 52-week low of 469.75. About 15,474 shares changed hands on the counter so far.
Benchmark Nifty50 was up 115.35 points at 18051.7, while the BSE Sensex traded 401.58 points higher at 60516.71 at the time of writing of this report.
In the Nifty pack, 41 stocks traded the day in the green, while 9 were in the red.
Key Financials
For the quarter ended 30-Jun-2022, the company reported consolidated sales of Rs 2795.91 crore, up 5.24 per cent from the previous quarter’s Rs 2656.63 crore and up 12.65 per cent from the year-ago quarter. The company reported net profit of Rs 562.01 crore for the latest quarter.
Promoter Holdings
Promoters held 51.52 per cent stake in the company as of 30-Jun-2022, while FIIs held 20.22 per cent and MFs 19.2 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 663.9 on September 13, while the 50-DMA was at Rs 730.58. 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.
