The stock was trading at a 52-week high price of Rs 3,248.0 and a low of Rs 2,311.3. The return on equity capital was 21.44 percent. Around 3,433 stocks have changed hands so far.
The beta value of the stock, which measures its volatility relative to the market in general, stood at 0.49.
Scrip has underperformed, with a 3.99 percent increase in the last year compared to a 39.57 percent increase in Sensex.
Techniques
On technical charts, the stock's 200-day moving average (DMA) stood at Rs 2,311.3 on November 16, while the 50-DMA was at Rs 3,017.86. If a stock is trading well above 50-DMA and 200-DMA, it generally means that the immediate trend is up. On the other hand, if the stock is trading well below 50-DMA and 200-DMA both, it is considered a downtrend and if it trades between these averages then it suggests that the stock can go in either direction.
Promoter / Holding FII
The promoters held a 71.25% stake in Torrent Pharmaceuticals Ltd. as of September 30, 2021. Mutual funds and foreign institutional investors held 6.71 percent and 11.53 percent stakes.
