The inventory had closed at Rs 1249.7 within the earlier session. The inventory quoted a 52-week excessive value of Rs 1269.0 and 52-week low of Rs 656.55, respectively. As per BSE information, complete traded quantity on the counter until 11:17AM (IST) stood at 24189 shares with a turnover of Rs 3.03 crore.
On the present value, the inventory traded at 73.43 occasions its trailing 12-month earnings per share of Rs 17.1 per share and 6.64 occasions its price-to-book worth, BSE information confirmed.
A better P/E ratio reveals buyers are prepared to pay the next share value right this moment due to progress expectations sooner or later.
Worth-to-book worth signifies the inherent worth of an organization and displays the value buyers are able to pay even for no progress within the enterprise. The inventory’s Beta worth, which measures its volatility in relation to the broader market, stood at 1.17.
Promoters held 30.3 per cent stake within the firm as of 30-Jun-2021, whereas FIIs owned 17.24 per cent and DIIs 22.64 per cent.
On the technical charts, the relative energy index (RSI) of the inventory stood at 71.18. The RSI oscillates between zero and 100. Historically, it’s thought of overbought situation when the RSI worth is above 70 and oversold situation when it’s under 30. Chartists say, RSI shouldn’t be seen in isolation, because it might not be ample to take a buying and selling name, simply the way in which elementary analysts can’t give a’purchase’ or’promote’ advice utilizing a single valuation ratio.