The share price of the company rose from Rs 715.6 on 12 January 2021 to Rs 1549.80 on 10 January 2023, a gain of over 110% in the last two years of holding period. The stock has given mind-blowing returns in the previous 2 years, while the S&P BSE 500 index has returned around 27% in the last two years.
Wednesday’s volume break out is for multiple stocks.—Symbol Photo.
On a consolidated basis, the company’s net income rose 35% YoY to Rs 2089.29 crore in the latest quarter, Q3FY23. Bottom line grew 18% YoY to Rs 200.16 crore. The stock is currently trading at a TTM PE of 7.33x, against an industry PE of 22.92x. The company achieved ROE and ROCE of 30.3% and 29%. The company is a component of Group A stocks and manages a market capitalization of Rs.4,909.00 crore
On the other hand, today Thursday the stock opened at Rs.1555.00 and in the initial session the stock touched a high of Rs.1574.00 and a low of Rs.1552.65. The stock has a 52-week high and low of Rs 2870 and Rs 1463.30 respectively on BSE.
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