Shares of Aegis Logistics Ltd recorded a new 52-week high in Wednesday's trade, surging over 7%, amid positive sentiment. Analysts consider this counter to be a good performer overall, and today it broke through its previous high supported by high volumes.
At 11:07 IST, the stock was trading at high volume of 2.1 million with a gain of 5.38%. The stock price rose 92.1% and outperformed its sector by 88.7% in the past year.
The stock hit an intraday high of ₹401.85 and low of ₹370.50 today.
Currently, the stock is trading 113% higher than its 52-week low of ₹184.
According to trendlyne data, debt to equity ratio is less than 1 and healthy. This implies that its assets are financed mainly through equity.
The return on equity (ROE) for the last financial year was 16.4%, in the normal range of 10% to 20%. However, the price to earning (PE) ratio is 33.2, higher than its sector PE ratio of 22.4.
Further, the mutual fund holding increased by 0.3% in the last quarter to 3.1%, and the promoter share holding stayed the same in the most recent quarter at 58.1%.