Alankit share price surged over 5% per cent throughout the entire trading session on NSE today. The scrip opened at Rs. 137.55 from a previous closing of Rs.136.95. Intraday on Wenesday, the stock touched the day’s high and low at Rs. 144.50 and 136.70.
So far, the total traded volume stands at 1,16,992 shares with a traded value of Rs. 165.66 lacs against its average volume for 20 days which stands at 418535. The scrip made its 52-week high of Alankit share price is seen at 163.90 on 23rd June 16 whereas the 52 week low is at Rs. 40.00 on 29th Sept 15.
Key Ratios
| Sl no. | Name | Ratio |
| 1 | Current Ratio (x) | 1.27 |
| 2 | Quick Ratio (x) | 1.16 |
| 3 | Dividend yield (%) | 0.29 |
| 4 | Interest Coverage ratio (x) | 263.74 |
| 5 | Debt equity ratio (x) | 0 |
| 6 | Return on Asset (%) | 24.01 |
| 7 | Return on Equity (%) | 11.00 |
Dynamic Levels has recommended Alankit as the top 500 shares considering its strong fundamentals and financials. The stock has proved to be good for investment and Dynamic Levels analysts and market experts are confident and positive that it has the capability to give good returns in the long run. The closest support and resistance level of the Alankit share price reads at Rs. 122.60 and Rs. 143.90 respectively.
The lower price band of the stock records at Rs. 122.95 while lower price band is at Rs. 184.35.The market cap of Alankit amounts to Rs. 489.45 (Cr) while the book value stands at 9.35. The P/E Ratio of the stock is recorded to be 96.20.The stock has an ADM or Average Daily Movement of 8.03.
No comments:
Post a Comment