Earlier in the day, the stock saw a gap in early trading. The stock quoted a 52-week high of Rs 1147.9 and a 52-week low of Rs 697.05 on NSE. Around 6466 shares changed hands at the counter till 10:15 am (IST).
The stock opened at Rs 841.25 and touched an intraday high and low of Rs 852.65 and Rs 839.75 during the session so far. The stock showed a price to earnings (PE) ratio of 115.71, earnings per share (EPS) of Rs 7.34 and a price to book value (PB) of 6.61, while the return on equity (ROE) stood at Rs 6.43.
Promoter/ Holding FII
The promoters held 14.72% of the company’s capital as of July 22, while the stakes of FII and MF amounted to 45.62% and 28.0% respectively.
Key financial data
With a market capitalization of Rs 29315.77 crore, the company operates in the Life Insurance segment. For the quarter ended March 31, 2022, the company reported consolidated sales of Rs 8,962.31 crore, up 28.87% from the previous quarter of Rs 6,954.76 crore and up 8.18% from compared to the same quarter a year ago. The company reported a net profit of Rs 117.68 crore for the last quarter, up 88.77% from the corresponding quarter last year.
The relative strength index (RSI) of the stock stands at 59.49. The RSI oscillates between zero and 100. Traditionally, it is considered an overbought condition when the RSI value is above 70 and an oversold condition when it is below 30. Analysts say that the RSI indicator should not be considered in isolation, as it may not be enough to take a trade call, just as a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.