Shares of Ltd. traded 1.3 per cent up at Rs 2119.0 at around 10:59AM (IST) on Friday. The stock had closed at Rs 2091.85 in the previous session. Equity benchmark Sensex traded 289.24 points higher at 52589.71 around the same time.
The scrip has climbed 98.24 per cent in the last one year till date, while the 30-share index has gained 64.31 per cent during the same period.
The stock’s 52-week high price stood at Rs 2176.75 and the 52-week low price at Rs 1020.0.
Trading volume on the counter stood at 3,766 shares, while it quoted a price-to-earnings ratio of 78.72, an EPS value of 26.91 and a price-to-book value of 4.74. In the Nifty50 pack, 32 stocks traded in the green, while 18 stocks were in the red.
Promoters held 75.0 per cent stake in the company as of 31-Mar-2021, while FII and mutual funds’ ownership stood at 4.37 per cent and 1.64 per cent, respectively.
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 3540.0 crore, up 18.66 per cent from the previous quarter’s Rs 2983.3 crore and up 21.24 per cent from the year-ago quarter’s Rs 2919.9 crore. The company reported net profit of Rs 334.4 crore for the latest quarter.
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.