The scrip had closed at Rs 141.55 within the earlier session. The inventory quoted a 52-week excessive worth of Rs 173.45 and 52-week low of Rs 125.2, respectively. As per BSE knowledge, complete traded quantity on the counter until 12:33PM (IST) stood at 126691 shares with a turnover of Rs 1.8 crore.
On the prevailing worth, the inventory traded at 5.1 occasions its trailing 12-month earnings per share of Rs 27.96 per share and 1.08 occasions its price-to-book worth, alternate knowledge confirmed.
A better P/E ratio reveals buyers are keen to pay a better share worth at the moment due to development expectations sooner or later.
Worth-to-book worth signifies the inherent worth of an organization and displays the worth buyers are able to pay even for no development within the enterprise. The inventory’s Beta worth, which measures its volatility in relation to the broader market, stood at 0.91.
Promoters held 51.52 per cent stake within the firm as of 30-Jun-2022, whereas FIIs owned 19.78 per cent and DIIs 8.41 per cent.
On the technical charts, the relative energy index (RSI) of the inventory stood at 55.23. 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 beneath 30. Chartists say, RSI shouldn’t be seen in isolation, because it will not be adequate to take a buying and selling name, simply the way in which elementary analysts can not give a’purchase’ or’promote’ suggestion utilizing a single valuation ratio.