The share price was at a 52-week high of Rs 506.85 and a 52-week low of Rs 207.85.
On the technical charts, the stock’s 200-DMA was at Rs 345.89 while the 50-DMA was at Rs 447.98. When a stock is trading above 50 DMA and 200 DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below both 50 DMA and 200 DMA, it is considered a bearish trend and if it is trading between 50 DMA and 200 DMA, it indicates that the stock can go anywhere.
The company’s shares have risen 95.26 percent in the past year, while the Sensex has gained 24.04 percent in the same period.
As per BSE data, the stock is trading at a price to earnings ratio of 34.95 and a price to book ratio of 3.29. A higher P/E ratio shows that investors are willing to pay a higher price due to better future growth expectations. The price to book ratio indicates the inherent value of a company and reflects the price that investors are willing to pay even if a company lacks growth. The stock belongs to Diversified industry.
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