The stock quoted a 52-week high of Rs 428.8 and a 52-week low of 251.25. About 49,867 shares changed hands on the counter so far.
Benchmark Nifty50 was up 142.0 points at 18463.15, while the BSE Sensex traded 477.73 points higher at 62350.35 at the time of writing of this report.
In the Nifty pack, 44 stocks traded the day in the green, while 5 were in the red.
Key Financials
For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 1807.73 crore, up 17.58 per cent from the previous quarter’s Rs 1537.51 crore and up 15.14 per cent from the year-ago quarter. The company reported net profit of Rs 131.16 crore for the latest quarter.
Promoter Holdings
Promoters held 2.54 per cent stake in the company as of 31-Mar-2023, while FIIs held 39.64 per cent and MFs 33.18 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 339.07 on May 26, while the 50-DMA was at Rs 277.43. 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.
