Shares of . traded 0.19 per cent up at Rs 2889.65 at 10:41AM (IST) on Friday, at the same time as BSE benchmark Sensex gained 131.17 factors to 53547.32.

The scrip had settled at Rs 2884.25 within the earlier session. The inventory quoted a 52-week excessive value of Rs 3100.Zero and 52-week low of Rs 860.5, respectively. As per BSE information, whole traded quantity on the counter until 10:41AM (IST) stood at 20947 shares with a turnover of Rs 6.14 crore.

On the present value, shares of the corporate traded at 263.51 occasions its trailing 12-month earnings per share of Rs 10.95 per share and 38.05 occasions its price-to-book worth, alternate information confirmed.

A better P/E ratio reveals buyers are keen to pay the next share value right now due to development expectations sooner or later.

Value-to-book worth signifies the inherent worth of an organization and displays the value buyers are able to pay even for no development within the enterprise. The inventory’s Beta worth, which measures its volatility in relation to the broader market, stood at 1.36.

Shareholding Particulars

Promoters held 66.33 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 20.57 per cent and DIIs 0.15 per cent.

Technicals

On the technical charts, the relative power index (RSI) of the inventory stood at 76.18. 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 under 30. Chartists say, RSI shouldn’t be seen in isolation, because it will not be ample to take a buying and selling name, simply the way in which elementary analysts can’t give a’purchase’ or’promote’ suggestion utilizing a single valuation ratio.