In the previous session, the scrip was Rs. It closed at 634.90. Share Rs. 486.75 to 52 week low and Rs. A high of 719.80 was quoted. The company listed on BSE at Rs. A market-cap of 81588.21 crore was quoted.
So far 8,942 shares have changed hands on the counter on BSE. At its current price, the stock has a trailing 12-month EPS of Rs. 12.26 per share and traded at 51.38 times its book value of 16.73 times. Return on Equity (ROE) Rs. was 38.64.
Chief Financial Officer
For the quarter ended 30-Sep-2024, Merico Ltd. reported Rs. 2746.0000 crore in consolidated sales, up 9.23 percent over the same quarter a year ago. In the latest quarter, the company posted Rs. 423.0 crore netted 19.83 percent YoY.
Technical indicators
The relative strength index (RSI) of the stock remained unchanged on Tuesday. RSI oscillates between zero and 100. Conventionally, an overbought condition is considered when the RSI value is above 70 and when it is below 30.
Analysts say that the RSI indicator should not be viewed in isolation, as it may not be sufficient to make a trading call, just as a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
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