The inventory had closed at Rs 221.15 within the earlier session. The inventory quoted 52-week excessive of Rs 378.6 and 52-week low of Rs 166.8 respectively. As per BSE knowledge, the overall buying and selling quantity over-the-counter stood at 411782 shares with a enterprise turnover of Rs 9.02 crore as of 12:53 pm (IST).
Alternate knowledge exhibits that on the present worth, the inventory traded at 23.52 occasions its 12-month earnings per share of Rs 10.04 per share and a pair of.55 occasions the price-to-book worth.
A excessive P/E ratio signifies that traders are keen to pay the next share worth immediately due to expectations for future progress.
Worth-to-book worth signifies the inherent worth of an organization and displays the worth that traders are keen to pay even when there is no such thing as a progress within the enterprise. The inventory’s beta worth, which measures its volatility in relation to the broader market, stood at 0.98.
Promoters held 0.22 per cent stake within the firm as on 31-March-2022, whereas FIIs held 47.86 per cent and DIIs held 15.44 per cent.
On the technical chart, the relative energy index (RSI) of the inventory stood at 30.88. The RSI oscillates between zero and 100. Historically, that is thought of to be an overbought place when the RSI worth is above 70 and an oversold situation when it’s beneath 30. The RSI shouldn’t be considered in isolation, says chartists, because it will not be enough to take a buying and selling name, in the identical method that basic analysts can’t give a ‘purchase’ or ‘promote’ advice utilizing a single valuation ratio. .