The stock quoted a 52-week high of Rs 1101.55 and a 52-week low of 793.7. About 7,718 shares changed hands on the counter so far.
Benchmark Nifty50 was down 65.4 points at 19431.9, while the BSE Sensex traded 212.95 points lower at 65572.69 at the time of writing of this report.
In the Nifty pack, 11 stocks traded the day in the green, while 39 were in the red.
Key Financials
For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 3258.07 crore, down 10.54 per cent from the previous quarter’s Rs 3642.07 crore and down 10.83 per cent from the year-ago quarter. The company reported net profit of Rs 452.14 crore for the latest quarter.
Promoter Holdings
Promoters held 63.21 per cent stake in the company as of 31-Mar-2023, while FIIs held 23.72 per cent and MFs 3.88 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 932.39 on July 07, while the 50-DMA was at Rs 1026.84. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
