Return on equity (ROE) stood at 10.33 percent, according to exchange data. The stock hit an intraday high of Rs 202.7 and a low of Rs 197.75 during the session and traded a 52-week high of Rs 263.15 and a 52-week low of Rs 169.45.
The stock’s beta, which measures its volatility relative to the broader market, was 1.26.
Technical indicators
The 200-DMA (daily average) of the stock was Rs 205.4 on August 28, while the 50-DMA was Rs 201.1. 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 50-DMA and 200-DMA, it is considered a bearish trend. If it is trading between 50-DMA and 200-DMA, it indicates that the stock can go in either direction.
The Relative Strength Index (RSI) was at 48.26. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the RSI value is above 70 and oversold when it is below 30.
Organizer participation
As of June 30, 2024, the founders held a 39.98 percent stake in the company, while foreign investors owned 28.25 percent and domestic institutional investors owned 15.05 percent.
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