Those investing in this stock are becoming paupers, selling is not stopping even after the announcement of giving free stock
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So far this year, the stock has gained 17.50 per cent. On the other hand, if we talk about the last one year, then the return of the stock has been 15%. The stock’s 52-week high is Rs 267 per share and 52-week low is Rs 186.35 per share.
Explain that the standalone profit of this company declined to Rs 3,542.65 crore in the June quarter. Whereas in the same quarter of the previous year, this figure was Rs 3,765.93 crore. The company’s margin has increased by 290 basis points and stood at 87.2%. During this period, the company’s income from operations stood at Rs 10,436.1 crore after a marginal decline from Rs 10,446.08 crore. At the same time, EBITDA fell 3.4 percent on an annual basis to Rs 9,099.5 crore.
Here, due to the fall in the shares of the company, investors are facing losses. The stock has been witnessing a continuous decline for the last five days. According to experts, the stock is currently looking weak on the technical charts as well.
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