A total of 4,712 shares changed hands on the counter till 01:41PM (IST).
The stock traded at a P/E multiple of 18.08, while the price-to-book value ratio stood at 1.66.
The stock quoted a 52-week high price of Rs 512.05 and a 52-week low of Rs 288.15.
“We are overweight certain select midcap banks where we think a lot of value can be created. 10% of capital has to be allocated to these new issues which are going to be hallmarks in the near term.â€
A total of 25,346 shares changed hands on the counter till 12:59PM (IST)
The Relative Strength Index of the stock stood at 42.47 on Thursday.
Conventional business remains a key challenge for BHEL, Edelweiss said, adding that the value going ahead will hinge on new revenues. This brokerage finds the stock Rs 40-worthy.
Promoters held 48.08 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 27.73 per cent and 8.49 per cent, respectively.
Promoters held 51.57 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 17.88 per cent and 18.21 per cent, respectively.
Shares of Evergrande listed in Hong Kong jumped over 9% by mid-morning on relief the latest deadline was met.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.