The stock had closed at Rs 2348.75 in the previous session. The stock traded a 52-week low of Rs 1803.8 and a high of Rs 2843.0. The company had a market capitalisation of Rs 45181.62 crore on the exchange. BSE.
On the Boston Stock Exchange (BSE), 23,782 shares have changed hands so far. At the prevailing price, the stock was trading at 20.25 times its trailing 12-month earnings per share of Rs 118.84 per share and 2.87 times its book value. The return on equity (ROE) stood at Rs 14.3.
Key financial data
For the quarter ended June 30, 2024, Limited Company. The company reported consolidated sales of Rs 5,226.61 crore, down 0.97 per cent from the same quarter last year. The company reported a 22.47 per cent year-on-year decline in net profit, which stood at Rs 361.36 crore in the last quarter.
Technical indicators
The stock’s relative strength index (RSI) stood at 100 on Thursday. The RSI ranges between zero and 100. Traditionally, an overbought condition is considered to exist when the RSI value is above 70 and an oversold condition when it is below 30. Analysts say that the RSI indicator should not be considered in isolation as it may not be sufficient to make a buying decision, just as a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.