Shares of . traded 0.03 per cent down at Rs 4401.Zero at 01:24PM (IST) on Wednesday, at the same time as BSE benchmark Sensex gained 381.43 factors to 60223.64.

The inventory had closed at Rs 4402.45 within the earlier session. The inventory quoted a 52-week excessive worth of Rs 5899.9 and 52-week low of Rs 3185.1, respectively. As per BSE knowledge, whole traded quantity on the counter until 01:24PM (IST) stood at 22715 shares with a turnover of Rs 10.Zero crore.

On the prevailing worth, shares of the corporate traded at 139.86 occasions its trailing 12-month EPS of Rs 31.49 per share and 18.94 occasions its price-to-book worth, BSE knowledge confirmed.

A better P/E ratio exhibits traders are prepared to pay a better share worth at present due to development expectations sooner or later.

Worth-to-book worth signifies the inherent worth of an organization and displays the worth traders 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 1.0.

Shareholding Particulars

Promoters held 74.99 per cent stake within the firm as of 30-Jun-2022, whereas FIIs owned 8.59 per cent and DIIs 6.33 per cent.

Technicals

On the technical charts, the relative energy index (RSI) of the inventory stood at 73.57. The RSI oscillates between zero and 100. Historically, it’s thought of 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 might not be adequate to take a buying and selling name, simply the best way elementary analysts can’t give a’purchase’ or’promote’ advice utilizing a single valuation ratio.