Earlier within the day, the inventory witnessed a niche down begin to the session. The inventory quoted a 52-week excessive worth of Rs 243.0 and a 52-week low of Rs 190.3 on NSE. Round 26689 shares modified arms on the counter until 01:09PM (IST).
The inventory opened at Rs 225.85 and has touched an intraday excessive and low of Rs 229.7 and Rs 225.0 throughout the session to this point. The counter quoted a price-to-earnings (PE) ratio of 10.0, earnings per share (EPS) of Rs 22.92 and worth to ebook worth (PB) of two.13, whereas the return on fairness (ROE) stood at Rs 25.15.
Promoter/ FII Holding
The promoters held 50.0 per cent stake within the firm as of July 21, whereas FII and MF ownerships stood at 34.83 per cent and a couple of.71 per cent, respectively.
With a market capitalisation of Rs 34365.0 crore, the corporate operates within the Fuel Storage & Distribution business. For the quarter ended 31-Mar-2022, the corporate reported consolidated gross sales of Rs 11241.74 crore, down 11.27 per cent from the earlier quarter?s Rs 12669.14 crore and down 47.44 per cent from the identical quarter a 12 months in the past. The corporate reported web revenue of Rs 790.98 crore for the most recent quarter, up 23.99 per cent from the corresponding quarter final 12 months.
The relative power index (RSI) of the inventory stands at 60.97. The RSI oscillates between zero and 100. Historically, it’s thought-about overbought situation when the RSI worth is above 70 and oversold situation when it’s beneath 30. Analysts say the RSI indicator shouldn’t be seen in isolation, because it might not be ample to take a buying and selling name, simply the best way a elementary analyst can’t give a “purchase” or “promote” advice utilizing a single valuation ratio.