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A total of 471,892 shares changed hands on the counter with a total value of 10.61 million rupees.
The stock quoted a 52-week high of Rs 298.0 and a 52-week low of Rs 190.0.
On the technical chart, the 200-DMA of the stock stands at Rs 229.95, while the 50-DMA is at Rs 223.57. If a stock trades above the 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below both 50 DMA and 200 DMA, it is considered a bearish trend and if it trades between 50DMA and 200DMA, it indicates that the stock can go anywhere.
The company’s shares have gained 1.52 percent in the past one year, while the Sensex has gained 7.11 percent over the same period.
According to BSE data, the stock trades at a price-to-earnings multiple of 28.13 and a price-to-book ratio of 3.4. A higher P/E ratio shows that investors are willing to pay a higher price due to the expectation of better future growth. Price to book value indicates the value of the company and reflects the price that investors are ready to pay even if there is no growth in the business. The stock belongs to the energy-integrated industry.
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