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As on 16-Aug-2022  13:05

Granules India Ltd up for third straight session

Granules India Ltd is up for a third straight session today. The stock is quoting at Rs 315.3, up 1.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 17795.65. The Sensex is at 59785.4, up 0.54%. Granules India Ltd has risen around 2.2% in last one month.

Meanwhile, Nifty Metal index of which Granules India Ltd is a constituent, has risen around 1.85% in last one month and is currently quoting at 12864, up 0.65% on the day. The volume in the stock stood at 13.86 lakh shares today, compared to the daily average of 18.3 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 315.6, up 1.63% on the day. Granules India Ltd is down 9.03% in last one year as compared to a 7.11% spurt in NIFTY and a 7.78% spurt in the Nifty Metal index.

The PE of the stock is 18.29 based on TTM earnings ending June 22.

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