The company reported its Q2 net profit at Rs.42.4 crore for the quarter ended September 30, 2015 as compared to Rs.37.7 crore for the same quarter in the previous year.
Shares of Shanthi Gears Ltd were higher by 6% at Rs. 113. The company's Q2 net profit stood at Rs.42.4 crore for the quarter ended September 30, 2015 as compared to Rs.37.7 crore for the same quarter in the previous year. The company’s total income has increased by 12.4 per cent to Rs.42.4 crore for the quarter under review from Rs.37.7 crore for the corresponding quarter of the previous year.
The scrip opened at Rs. 109.7 and has touched a high and low of Rs. 113.7 and Rs. 109.5 respectively. So far 24,503 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 876.64 crore.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 179.45 on 20-Jan-2015 and a 52 week low of Rs. 86.7 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 117 and Rs. 105 respectively.
The promoters holding in the company stood at 70.12 % while Institutions and Non-Institutions held 7.16 % and 22.72 % respectively.
The stock is currently trading below its 200 DMA.
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