Earlier in the day, the stock had seen gains in the opening range of the session. The stock traded on the NSE at Rs. 323.0 to its 52-week high and Rs. It quoted a 52-week low of 121.1. Around 1778198 shares changed hands on the counter till 11:01AM (IST).
Share Rs. 317.65 and during the session so far closed at Rs. 318.0 and Rs. An intra-day high and low of 313.2 was touched. The scrip quoted a price-to-earnings (PE) ratio of 57.71, earnings per share (EPS) of Rs 5.45 and price-to-book value (PB) of 9.02, while return on equity (ROE) stood at Rs. was 24.4.
Promoter/ FII holding
As of July 04, promoters held 51.14 per cent stake in the company, while FIIs and MFs owned 17.56 per cent and 18.06 per cent respectively.
Chief Financial Officer
With a market capitalization of 229965.64 Crore, the company operates in the Defense Contractor industry. In the quarter ended 31-Mar-2024, the company posted Rs. 8789.51 crores, compared to the previous quarter’s Rs. 4329.58 crore was 103.01 percent higher than the same quarter a year ago and 34.29 percent higher. In the latest quarter, the company posted Rs. 1797.11 crore in net profit, up 30.04 percent over the same quarter last year.
Technical indicators
The relative strength index (RSI) of the stock is 63.04. RSI oscillates between zero and 100. Conventionally, when the RSI value is above 70 it is considered an overbought position and when it is below 30 it is considered an oversold position. Analysts say that the RSI indicator should not be viewed in isolation, as it may not be enough. Take a trading call, the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
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