Auto stocks were trading on a positive note at 12:09PM (IST) on Thursday.

Shares of Balkrishna Industries (up 2.3 per cent), Motherson Sumi Systems (up 2.05 per cent), Maruti Suzuki (up 1.53 per cent), MRF (up 1.17 per cent) and TVS Motor Company (up 1.11 per cent) were among the top gainers.

The stock quoted a 52-week high of Rs 967.6 and a 52-week low of 281.15. About 35,507 shares changed hands on the counter so far.

Benchmark Nifty50 was up 161.7 points at 12070.20, while the BSE Sensex traded 555.92 points higher at 41172.06 at the time of writing of this report.

In the Nifty pack, 47 stocks traded the day in the green, while 3 were in the red.

Key Financials
For the quarter ended 30-Jun-2020, the company reported consolidated sales of Rs 5835.23 crore, down 3.76 per cent from the previous quarter's Rs 6063.4 crore and down 8.93 per cent from the year-ago quarter. The company reported net profit of Rs 780.58 crore for the latest quarter.

Promoter Holdings
Promoters held 48.94 percent stake in the company as of 30-Sep-2020, while FIIs held 23.01 percent and MFs 11.02 percent.

On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 690.24 on November 05, while the 50-DMA was at Rs 803.68. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both.