Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 652.2 and a 52-week low of Rs 412.2 on NSE. Around 22635 shares changed hands on the counter till 11:48AM (IST).
The stock opened at Rs 490.55 and has touched an intraday high and low of Rs 497.8 and Rs 490.55 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 92.67, earnings per share (EPS) of Rs 5.35 and price to book value (PB) of 14.26, while the return on equity (ROE) stood at Rs 17.33.
Promoter/ FII Holding
The promoters held 41.94 per cent stake in the company as of June 28, while FII and MF ownerships stood at 25.38 per cent and 15.59 per cent, respectively.
Key Financials
With a market capitalisation of Rs 32728.32 crore, the company operates in the Restaurant & QSR industry. For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 1289.6 crore, down 3.86 per cent from the previous quarter?s Rs 1341.38 crore and down 8.5 per cent from the same quarter a year ago. The company reported net profit of Rs 28.54 crore for the latest quarter, down 70.5 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 56.75. 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.
