Earlier today, the title saw a gap early in the session. The stock listed a 52-week high of Rs 41,750.0 and a 52-week low of Rs 27,053.05 on NSE. About 154 stocks changed hands at the box office until 11:42 a.m. (IST).
The action opened at Rs 41,066.6 and hit an intraday high and low of Rs 41,273.4 and Rs 40,858.85 during the session so far. The meter cited a price-to-earnings (PE) ratio of 104.23, earnings per share (EPS) of Rs 395.11 and a price-to-book (PB) ratio of 38.24, while return on equity own (ROE) amounted to Rs 38.48.
Promoter / FII Holding
The promoters held 47.91% of the company’s capital as of January 6, while the holdings of FII and MF amounted to 23.73% and 13.18% respectively.
Key financial data
With a market capitalization of Rs 45,934.66 crore, the company operates in the branded hosiery / knit business. For the quarter ended Sep 30, 2021, the company reported consolidated sales of Rs 1,089.37 crore, up 115.68% from the previous quarter at Rs 505.09 crore and up 46.42% compared to the same quarter a year ago. The company reported net profit of Rs 160.49 crore for the most recent quarter, up 44.76% from the corresponding quarter last year.
The Relative Strength Index (RSI) for the stock stands at 62.31. The RSI hovers between zero and 100. Traditionally, it is considered an overbought condition when the value of the RSI is above 70 and an oversold condition when it is below 30. Analysts say the RSI indicator should only not be viewed in isolation, as it may not be enough to take a trade call, in the same way that a fundamental analyst cannot give a ‘buy’ or ‘sell’ recommendation using a single valuation ratio .