The stock has been finding it tough to move above its long term mean+2* levels in the last one year despite many attempts. It has been trading below these levels since early 2020. Currently, these levels are placed near Rs 30,800 and a move above these levels should trigger further upsides towards Rs 36,000 levels.
Promoter/FII Holdings
Promoters held 48.3 per cent stake in the company as of June 30, 2020, while FIIs held 26.2 per cent, DIIs 12.7 per cent and public and others 12.8 per cent.
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
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