The inventory had settled at Rs 157.3 within the earlier session. The inventory quoted a 52-week excessive worth of Rs 197.2 and 52-week low of Rs 89.9, respectively. As per BSE knowledge, whole traded quantity on the counter until 10:51AM (IST) stood at 1038047 shares with a turnover of Rs 16.55 crore.
On the present worth, the inventory traded at 8.24 occasions its trailing 12-month EPS of Rs 19.1 per share and 0.63 occasions its price-to-book worth, BSE knowledge confirmed.
The next P/E ratio reveals buyers are prepared to pay the next share worth as we speak due to progress expectations sooner or later.
Value-to-book worth signifies the inherent worth of an organization and displays the worth buyers are able to pay even for no progress within the enterprise. The inventory’s Beta worth, which measures its volatility in relation to the broader market, stood at 1.82.
Promoters held 0.0 per cent stake within the firm as of 31-Dec-2022, whereas FIIs owned 8.93 per cent and DIIs 11.55 per cent. Technicals
On the technical charts, the relative energy index (RSI) of the inventory stood at 27.12. 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 is probably not ample to take a buying and selling name, simply the best way elementary analysts can not give a’purchase’ or’promote’ advice utilizing a single valuation ratio.