Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4801.40 and a 52-week low of Rs 3060.00 on NSE. Around 3601 shares changed hands on the counter till 12:57PM (IST).
The stock opened at Rs 3789.20 and has touched an intraday high and low of Rs 3802.45 and Rs 3729.45 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 32.05, earnings per share (EPS) of Rs 117.00 and price to book value (PB) of 6.74, while the return on equity (ROE) stood at Rs 19.25.
Promoter/ FII Holding
The promoters held 46.09 per cent stake in the company as of December 26, while FII and MF ownerships stood at 19.02 per cent and 15.27 per cent, respectively.
Key Financials
With a market capitalisation of Rs 56885.95 crore, the company operates in the Pesticides/Agro Chem industry. For the quarter ended 30-Sep-2024, the company reported consolidated sales of Rs 2343.2000 crore, 9.41 per cent from the previous quarter?s Rs 2141.6000 crore and 8.29 per cent from the same quarter a year ago. The company reported net of Rs 508.2 crore for the latest quarter, 5.76 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 21.87. 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.
