In the previous session, the scrip was Rs. was fixed at 254.05. Shares respectively Rs. 298.45 to 52 week high and Rs. A 52-week low of 186.45 was shown. As per BSE data, the total traded volume on the counter till 01:23PM (IST) was Rs. 220585 shares with a turnover of 5.58 crores.
At the current price, the stock has a trailing 12-month EPS of Rs. 36.95 per share traded at 6.82 times and 1.14 times its price-to-book value, BSE data showed.
A high P/E ratio indicates that investors are willing to pay a high price for the stock today due to expectations of future growth.
Price-to-book value reflects the intrinsic value of a company and the price investors are willing to pay even if there is no growth in the business. The stock’s beta value, which measures its volatility relative to the broader market, stood at 1.82.
Shareholding details
Promoters held 63.97 per cent stake in the company as on 30-Jun-2024, while FIIs held 11.45 per cent and DIIs 8.5 per cent.
Technicals
On the technical chart, the relative strength index (RSI) of the stock stood at 51.37. 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. Chartists say, RSI should not be looked at in isolation, as it may not be enough to take. A trading call, as fundamental analysts cannot give a ‘buy’ or ‘sell’ recommendation using a single valuation ratio.
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