The scrip had closed at Rs 3126.65 in the previous session. The stock was trading at a 52-week low of Rs 2,311.3 and a high of Rs 3,248.0. The company traded a market capitalization of Rs 53049.63 crore on the EEB.
On the BSE, 1,320 shares have changed hands so far. At its prevailing price, the stock was trading at 42.07 times its 12-month EPS of Rs 74.52 per share and 7.37 times its book value. The return on equity (ROE) stood at Rs 21.44.
Key finances
For the quarter ended June 30, 2021, Torrent Pharmaceuticals Ltd. reported consolidated sales of Rs 2,174 crore, 5.53% more than in the same quarter a year earlier. The company reported 2.8 percent year-on-year growth in net profit to Rs 330.0 crore for the latest quarter.
Technical indicators
The stock's Relative Strength Index (RSI) stood at Tuesday. The RSI ranges between zero and 100. Traditionally, it is considered an overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say that the RSI indicator should not be viewed in isolation, as it may not be enough to take a trading call, in the same way that a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation index.
