The stock quoted a 52-week high of Rs 2284.15 and a 52-week low of 1266.0. About 11,394 shares changed hands on the counter so far.
Benchmark Nifty50 was up 36.9 points at 24889.05, while the BSE Sensex traded 214.36 points higher at 81398.29 at the time of writing of this report.
In the Nifty pack, 22 stocks traded the day in the green, while 28 were in the red.
Key Financials
For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 5604.89 crore, up 3.88 per cent from the previous quarter’s Rs 5395.46 crore and up 18.66 per cent from the year-ago quarter. The company reported net profit of Rs 580.37 crore for the latest quarter. Promoter Holdings
Promoters held 51.81 per cent stake in the company as of 30-Jun-2024, while FIIs held 23.94 per cent and MFs 15.03 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1689.39 on September 09, while the 50-DMA was at Rs 1987.73. 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.
