ThinkStock PhotosShares of Ltd. fell 2.14 per cent to Rs 1723.5 in Wednesday's session as of 01:55PM (IST) even as the equity benchmark Sensex traded 424.36 points higher at 60280.29.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 2030.0 and a 52-week low of Rs 400.0 on NSE. Around 2687 shares changed hands on the counter till 01:55PM (IST).
The stock opened at Rs 1740.0 and has touched an intraday high and low of Rs 1750.0 and Rs 1715.0 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 142.6, earnings per share (EPS) of Rs 12.2 and price to book value (PB) of 16.41, while the return on equity (ROE) stood at Rs 20.1.
Promoter/ FII Holding
The promoters held 74.92 per cent stake in the company as of January 05, while FII and MF ownerships stood at 21.05 per cent and 0.12 per cent, respectively.
Key Financials
With a market capitalisation of Rs 191333.96 crore, the company operates in the Power - Transmission industry. For the quarter ended 30-Sep-2021, the company reported consolidated sales of Rs 2675.2 crore, down 8.87 per cent from the previous quarter?s Rs 2935.72 crore and down 15.99 per cent from the same quarter a year ago. The company reported net profit of Rs 272.57 crore for the latest quarter, up 31.83 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 42.62. 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. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 2030.0 and a 52-week low of Rs 400.0 on NSE. Around 2687 shares changed hands on the counter till 01:55PM (IST).
The stock opened at Rs 1740.0 and has touched an intraday high and low of Rs 1750.0 and Rs 1715.0 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 142.6, earnings per share (EPS) of Rs 12.2 and price to book value (PB) of 16.41, while the return on equity (ROE) stood at Rs 20.1.
Promoter/ FII Holding
The promoters held 74.92 per cent stake in the company as of January 05, while FII and MF ownerships stood at 21.05 per cent and 0.12 per cent, respectively.
Key Financials
With a market capitalisation of Rs 191333.96 crore, the company operates in the Power - Transmission industry. For the quarter ended 30-Sep-2021, the company reported consolidated sales of Rs 2675.2 crore, down 8.87 per cent from the previous quarter?s Rs 2935.72 crore and down 15.99 per cent from the same quarter a year ago. The company reported net profit of Rs 272.57 crore for the latest quarter, up 31.83 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 42.62. 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. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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