IGL stock price: IGL stock price up 0.44% as Sensex slides

Shares of . rose 0.44% to Rs 421.1 at 10:46 a.m. (IST) on Thursday. Earlier in the day, the stock saw a gap in early trading.

According to available BSE data, the total amount traded over the counter stood at 34,217 shares with a turnover of Rs 1.43 crore as of 10:46 a.m. (IST). The stock traded at a price-to-earnings (P/E) multiple of 17.21, while the price-to-book ratio stood at 3.44.

Return on equity (ROE) was 19.8%, according to data from the exchange. The stock hit an intraday high of Rs 424.45 and a low of Rs 415.05 during the session and quoted a 52-week high of Rs 604.0 and a 52-week low of Rs 322, 1.

The stock’s beta, which measures its volatility relative to the broader market, was 1.0.

Technical indicators

The 200-DMA (daily moving average) of the stock stood at Rs 401.03 on September 1, while the 50-DMA was at Rs 378.81. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered to be in a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the stock can go either way.

The relative strength index (RSI) of stood at 62.75. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the RSI value is above 70 and oversold when it is below 30.

Promoter holder

As of June 30, 2022, promoters held 45.0% of the company’s capital, while FIIs held 20.34% and domestic institutional investors 16.79%.

Karen J. Nelson