On the BSE, 1.60 lakh shares were traded in the counter so far compared with average daily volumes of 0.15 lakh shares in the past two weeks. The stock hit a 52-week high of Rs 418.30 in intraday today. The stock hit a 52-week low of Rs 273.40 on 28 March 2023.

The stock had outperformed the market over the past one month, rising 20.23% compared with 2.09% decline in the Sensex.

The scrip had outperformed the market in past three months, soaring 31.59% as against Sensex's 5.77% rise.

However, the counter had also outperformed the market in past one year, jumping 13.49% as against Sensex's 11.09% increase.

On the technical front, the stock's daily RSI (relative strength index) stood at 79.041. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50 day, 100-day and 200-day simple moving average (SMA) placed at 343.36, 326.45 and 332.11 respectively. These levels will act as crucial support zones in near term.

Eveready Industries India manufactures batteries, flashlights and lighting.

The company's consolidated net profit jumped 13.8% to Rs 24.86 crore in Q1 Fy24 as compared with Rs 21.85 crore in Q1 FY23. Net sales increased by 8.4% year on year to Rs 363.57 crore in Q1 FY24.