Shares of Ltd. traded 0.99 per cent up at Rs 561.45 at around 01:52PM (IST) on Tuesday. The stock had closed at Rs 567.05 in the previous session. Equity benchmark Sensex traded 115.56 points lower at 58375.37 around the same time.
The scrip has climbed 60.41 per cent in the last one year till date, while the 30-share index has gained 50.24 per cent during the same period.
The stock’s 52-week high price stood at Rs 587.25 and the 52-week low price at Rs 333.3.
Trading volume on the counter stood at 35,563 shares, while it quoted a price-to-earnings ratio of 63.01, an EPS value of 8.87 and a price-to-book value of 16.38. In the Nifty50 pack, 34 stocks traded in the green, while 16 stocks were in the red.
Promoters held 59.61 per cent stake in the company as of 30-Jun-2021, while foreign institutional investors and mutual funds’ ownership stood at 24.98 per cent and 1.81 per cent, respectively.
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 2552.0 crore, up 25.04 per cent from the previous quarter’s Rs 2041.0 crore and up 31.28 per cent from the year-ago quarter’s Rs 1944.0 crore. The company reported net profit of Rs 356.0 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.