Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4606.0 and a 52-week low of Rs 3185.1 on NSE. Around 11001 shares changed hands on the counter till 12:25PM (IST).
The stock opened at Rs 3485.15 and has touched an intraday high and low of Rs 3498.7 and Rs 3425.0 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 93.59, earnings per share (EPS) of Rs 36.69 and price to book value (PB) of 13.72, while the return on equity (ROE) stood at Rs 14.79.
Promoter/ FII Holding
The promoters held 74.93 per cent stake in the company as of May 17, while FII and MF ownerships stood at 8.17 per cent and 6.75 per cent, respectively.
Key Financials
With a market capitalisation of Rs 222613.85 crore, the company operates in the Supermarkets industry. For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 10627.18 crore, down 8.39 per cent from the previous quarter?s Rs 11600.61 crore and down 20.5 per cent from the same quarter a year ago. The company reported net profit of Rs 460.13 crore for the latest quarter, up 7.8 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 39.94. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
