The scrip had settled at Rs 3124.9 in the previous session. The stock traded at a 52-week high of Rs 3,226.05 and a 52-week low of Rs 2,311.3, respectively. According to EEB data, the total volume traded over the counter as of 1:28 pm (IST) stood at 1,537 shares with a turnover of Rs 0.48 million.
At the prevailing price, the company's shares were trading at 41.9 times its 12-month earnings per share of Rs 74.52 per share and 7.37 times its book value, BSE data showed.
A higher P / E ratio shows that investors are willing to pay a higher share price today due to growth expectations in the future.
The price book value indicates the inherent value of a company and reflects the price that investors are willing to pay even if there is no growth in the business. The Beta value of the stock, which measures its volatility relative to the general market, stood at 0.49.
Participation details
The promoters had a 71.25% stake in the company as of June 30, 2021, while the FIIs owned 11.65% and the DIIs 6.66%.
Techniques
On technical charts, the stock's Relative Strength Index (RSI) stood at 57.33. The RSI ranges between zero and 100. Traditionally, it is considered an overbought condition when the RSI value is above 70 and an oversold condition when it is below 30. Chartists say that the RSI should not be viewed in isolation. as it may not be enough to take a trade call, in the same way that fundamental analysts cannot give a "buy" or "sell" recommendation using a single valuation index.
