Getty ImagesShares of Ltd. traded 0.04 per cent up at Rs 530.1 at 12:58PM (IST) on Thursday, even as BSE benchmark Sensex gained 605.28 points to 52803.79.
The scrip had closed at Rs 529.9 in the previous session. The stock quoted a 52-week high price of Rs 549.5 and 52-week low of Rs 333.3, respectively. As per BSE data, total traded volume on the counter till 12:58PM (IST) stood at 23293 shares with a turnover of Rs 1.24 crore.
At the current price, the stock traded at 58.45 times its trailing 12-month earnings per share of Rs 9.07 per share and 11.73 times its price-to-book value, exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.8.
Shareholding Details
Promoters held 59.47 per cent stake in the company as of 30-Jun-2021, while FIIs owned 24.98 per cent and DIIs 1.81 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 58.52. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a'buy' or'sell' recommendation using a single valuation ratio.
The scrip had closed at Rs 529.9 in the previous session. The stock quoted a 52-week high price of Rs 549.5 and 52-week low of Rs 333.3, respectively. As per BSE data, total traded volume on the counter till 12:58PM (IST) stood at 23293 shares with a turnover of Rs 1.24 crore.
At the current price, the stock traded at 58.45 times its trailing 12-month earnings per share of Rs 9.07 per share and 11.73 times its price-to-book value, exchange data showed.
Did you Know?
Stock score of Marico Ltd moved down by 1 in a week on a 10-point scale.
View Latest Stock Report »A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.8.
Shareholding Details
Promoters held 59.47 per cent stake in the company as of 30-Jun-2021, while FIIs owned 24.98 per cent and DIIs 1.81 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 58.52. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a'buy' or'sell' recommendation using a single valuation ratio.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
