Thursday, 5 November 2015

Alembic Q2 net profit rises 43.2% to Rs.27.5 cr

The total income from operations of the company during the September quarter declined by 3% to Rs.38.2 crore, over Rs.39.5 crore in the year-ago period.


Alembic Ltd reported 43.2% rise in consolidated net profit at Rs.27.5 crore for the quarter ended September 30. The company's net profit in the corresponding quarter of the previous fiscal year was Rs.19.2 crore.

The total income from operations of the company during the September quarter declined by 3% at Rs.38.2 crore, over Rs.39.5 crore in the year-ago period.

The stock is currently trading at Rs. 42.95, down by Rs. 0.5 or 1.15% from its previous closing of Rs. 43.45 on the BSE.

The scrip opened at Rs. 43.4 and has touched a high and low of Rs. 43.9 and Rs. 42.05 respectively. So far 678282(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1160.12 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 54.95 on 20-Jan-2015 and a 52 week low of Rs. 29.3 on 04-Jun-2015. Last one week high and low of the scrip stood at Rs. 45.7 and Rs. 41.6 respectively.

The promoters holding in the company stood at 63.99 % while Institutions and Non-Institutions held 9.36 % and 26.65 % respectively.

The stock is currently trading below its 100 DMA.

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