The stock quoted a 52-week high of Rs 7063.25 and a 52-week low of 3973.15. About 923 shares changed hands on the counter so far.
Benchmark Nifty50 was up 26.25 points at 24639.25, while the BSE Sensex traded 86.41 points higher at 80802.96 at the time of writing of this report.
In the Nifty pack, 28 stocks traded the day in the green, while 22 were in the red.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 808.72 crore, up 22.57 per cent from the previous quarter’s Rs 659.81 crore and up 376.59 per cent from the year-ago quarter. The company reported net profit of Rs 60.39 crore for the latest quarter. Promoter Holdings
Promoters held 37.88 per cent stake in the company as of 31-Mar-2024, while FIIs held 30.91 per cent and MFs 11.69 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 5355.41 on July 18, while the 50-DMA was at Rs 6354.45. 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.
